Ethereum Whales To Invest $41B On Shiba Inu Coin will hit $0.1!! Explained
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    Once again, China has cracked down on Bitcoin mining, crypto investors learned that the IRS was coming after their capital gains, and the U.S. dollar held stronger. 

    These catalysts lead Shiba to face resistance against the bear market trendline. Buyers made attempts, repeatedly, to push Shiba Inu above the bear market trendline, but every attempt met with resistance. 

    As the hottest digital currency has risen the market value leaderboard, visibility is proving key for Shiba Inu. Its newfound exposure is what helped it to break out of the bear territory. 

    Moreover, Shiba Inu is the largest crypto holding among Ethereum whales and is soon-to-be be the most profitable one. 

    Shiba Inu has surfaced as a favorite for Ethereum whales. Top 1000 Ethereum whale wallets carry $2.3 billion worth of SHIBs. SHIB accounts for over 17.4% of the top 1000 Ethereum wallets ERC20 holdings. 

    Moreover, a mysterious new SHIB whale has purchased 170 billion Shiba Inu tokens worth $8.1 million during the recent dip. The whale ate most of the sell orders, which has helped Shiba to rebound. 

    Meh, it’s just whales buying Shiba. But no, it’s more than that. The whale swapped SHIB for ETH, which is a major bullish sign for Shiba Inu’s price. We’ve already seen something of an inherent buy bias that’s lifted SHIB tokens. And this could happen again.

    Shiba has had a liquidity boost, and increased awareness as more and more cryptocurrency exchanges have welcomed SHIB for listing. 

    The community effort of signing petitions for months has finally paid as AMC Theatres have accepted SHIB Army’s request and announced that SHIB will be used to make payments across its theatre chain outlets through BitPay. Moreover, McDonald’s has been dropping hints all around about the company adopting Shiba. 

    As for Robinhood and Shiba, everyone in the crypto sphere hears the sounds of the SHIBA army knocking on the doors of Robinhood. The tweets caused quakes in a manner that the ‘who’s who of the crypto market’ began talking about it. The sensations have even caught the attention of the mainstream news outlets, who also visited the RH-Shiba tale.

    You can argue that Shiba spiked +900% in October, before a Robinhood listing. Investors took entry positions, and Shiba Inu quickly became the talk of the town overnight and pulled heavy buying pressure.

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