**šØ SHIBA INU (SHIB) WHALE ALERT: 12B SHIB ($160K) DUMPED TO EUROPEAN EXCHANGE!**
*(Simple Breakdown & Trading Strategies for Binance Square)*
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### **š„ IMPORTANT CONCLUSION**
š **What Happened?**
- A **"SHIB Millionaire"** transferred **12B SHIB ($160K)** to an exchange (Europe).
- This wallet previously received **120B SHIB ($1.45M)** from **Coinbase Prime** a month ago.
- **Purpose?** Maybe:
- **Preparing for a large sell-off** (bearish signal).
- **Asset rotation** (switching to other crypto).
š **Price Impact:**
- SHIB dropped **2.2%** in 24 hours (to **$0.0000136**).
- Selling volume increased ā could be the start of a **deeper correction**.
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### **š 3 TRADING STRATEGIES**
#### **1ļøā£ Short-Term Caution (Bearish Signal)**
- **If SHIB fails to rebound from $0.0000135**:
- Potential drop to **$0.0000125** (next support).
- Avoid buying until there is confirmation of a rebound.
#### **2ļøā£ Buy The Dip (If Whale Finished Selling)**
- **Entry:** If SHIB stabilizes at **$0.000013** with strong buying volume.
- **Target:** Back to **$0.000014** (+5%).
- **Stop-Loss:** Below **$0.0000128**.
#### **3ļøā£ Monitor Other Whales**
- Use **Arkham Intelligence** or **Etherscan** to track large wallet movements.
- If there are **other whales selling**, prices could drop further!
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### **š” CRUCIAL FACTS**
šø **This whale still holds ~108B SHIB ($1.3M)** ā Risk of further selling!
šø **Meme coin sentiment is volatile** ā Follow Bitcoin & Ethereum news.