Whale Shifts $7.3 Million in SHIB and AVAX from Binance, Triggering Trader Watch

Whale Moves $7.3M SHIB & AVAX from Binance

  • SHIB shows bullish momentum with strong support at $0.0000157 and resistance at $0.0000172.
  • AVAX maintains stability, with key support at $25.00 and resistance at $27.00.
  • Increased trading volumes for SHIB and AVAX signal growing investor interest.

A newly created wallet has withdrawn a large amount of Shiba Inu ($SHIB) and Avalanche ($AVAX) tokens from Binance, prompting speculation among traders. 

The wallet moved 290.41 billion SHIB, valued at $4.85 million, and 97,114 AVAX, worth $2.52 million, in the past hour. These transactions coincide with notable price movements for both cryptocurrencies, indicating strong market activity.

Shiba Inu (SHIB) Gains Upward Traction

Shiba Inu is currently trading at $0.00001650, showing a 4.91% increase in the past 24 hours. Its trading volume has surged by 83.38%, reaching $464.89 million, showing rising investor interest. 

The price opened around $0.00001573 and …

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