As per the latest update an Ethereum whale has purchased SHIB worth over $2 million, is that why we have seen recovery in the price over last 24 hours? I am wondering whether this will push more users to buy SHIB as there are two reasons why users will buy SHIB, one just because it's recovering and second is the assumption that whenever whales invest into any crypto it would pump hard. Are we being bull trapped again ?
That's a huge amount but I don't think that it is going to be having any effect on the market at all, and by the way how and when did you see the market being bullish? Or is it because of little market changes that you might have seen? Remember this is a $20 billion market cap coin. By the way there have been some big holders of SHIB that started selling their assets according to the news I saw on the Coinbase app.
So in a situation like this, I guess that the bull run you're talking about might not be something people are really going to be expecting right now? Or maybe if lucky, it might be happening before the current month of December is over.