Beware of Market Manipulation in $SHIB 🤯💥📈
Attention, traders of all sizes, it's crucial to pay close attention to what follows.
Upon deep exploration of the blockchain, we've uncovered a concerning trend: an anonymous whale employing what's known as the Wyoming curve. If you're unfamiliar with this term, I strongly advise you to educate yourself about it. Here's the situation: a significant whale is manipulating the price of Shiba Inu ($SHIB) in a stealthy manner, causing temporary declines followed by dramatic increases. There's a likelihood of over 60% that Shib will shed a zero within the next three days.
This whale initially began by purchasing small quantities of $SHIB regularly. As they gradually stabilized the price, they escalated their buying activities, slowly pushing the price higher. Unfortunately, many traders unaware of this manipulation inadvertently contributed to the whale's scheme by jumping on the bandwagon.
However, once this whale exhausted their capital of approximately $1.8 million, the price of Shiba Inu soared significantly. Interestingly, the whale then reversed their strategy, initiating small sell orders that neither pushed the price down nor allowed it to rise. Subsequently, as the price trended downwards, the whale began dumping larger quantities of SHIB, even shorting it during downtrends. Consequently, the price experienced a sharp decline once the whale depleted their entire supply.
Now that the whale has reversed their technique, we anticipate the price of $SUSHI B to rise again as the market dynamics change. However, my advice to you all is not to be greedy and invest all your funds, even if the projected new price could yield substantial profits.
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