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 ?
I think this is a whale who wants to pump SHIB into the top 10 and restore prices, remember that since the highest position the price of SHIB has dropped too far, this is the power of money, if SHIB is supported by strong money it can convince the public.