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 ?
More or less it has a cause for the results of the purchases made by the PAUS, moreover the current purchase is in an unstable condition, but to encourage more people to buy shiba inu it is not necessarily the case, due to the purchases made by the PAUS, because buying considerations are very dependent on on the development of these coins which have a high selling value and good trends in the market, but Shiba Inu has not provided a guarantee for us to make purchases.