Shiba Inu Coin SHIB bigwigs are withdrawing, market volatility is increasing, how should retail investors deal with it?
Shiba Inu Coin SHIB has been very lively recently, but it is not good news. The number of bigwigs holding trillions of SHIB is getting smaller and smaller, which reminds other investors that the market may change.
There are only a few dozen wallet addresses with more than trillions of SHIB, which is much less than before.
More importantly, the withdrawal of these bigwigs is not just as simple as the number is reduced. Once they leave, the stability and liquidity of the market will be affected.
But what's interesting is that when the bigwigs withdraw, retail investors begin to enter the market. The number of retail investors with millions to billions of SHIB has not changed much, and some have even increased.
However, having said that, once the bigwigs leave, the price of SHIB will be suspended. Technically, SHIB is quite weak now, and the price can't find support at all. Coupled with the reduction of holdings by the bigwigs, the momentum for the rise is even less.
Although retail investors are enthusiastic, they may not be able to resist the selling pressure from the big guys. If this trend continues, the volatility of SHIB will definitely increase, and retail investors should be careful.
Of course, it does not mean that SHIB is hopeless. If new big guys enter the market, or existing holders start to accumulate again, SHIB may be able to stabilize or even rebound.
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