Smart money sold 75.4 billion SHIB, and the price of SHIB dropped sharply!

According to Spot On Chain monitoring, a specific address sold 75.4 billion $SHIB at an average price of $0.00000712 in the past 16 days, with a total value of approximately $537,000, and exchanged it for ETH and USDT.

It is worth noting that SHIB price has almost always dropped significantly after each sell-off at this address.

Currently, this address still holds 329 billion SHIB, worth approximately US$2.28 million.

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