311 Billion Shiba Inu (SHIB) Grabbed by Top Whale as Price Hangs at Key Level

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311 Billion Shiba Inu (SHIB) Grabbed by Top Whale as Price Hangs at Key Level
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Shiba Inu top whale accumulates 311 billion SHIB as price hovers at key level $SHIB ShibArmy Shiba SHIBCommunity

A top ETH whale,"BlueWhale0073," which ranks 254th among the biggest whales that WhaleStats tracks, has purchased 311 billion SHIB in two lump sums.

After a steady rise for days, the SHIB price topped out at a high of $0.0000118 on April 16 before a retreat began. The declines persisted, pushing SHIB to lows of $0.00001039 on April 20. Now, the SHIB price hangs near the key MA 200 support at $0.0000109, waiting for the next course of action — either up or down.On the upside, Shiba Inu bulls would need to contend with the daily MA 50 barrier at $0.00001091 that hampered the SHIB price all through March from moving higher.

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