In the past hour, a prominent early SHIB investor made headlines by swapping 1,003 $ETH, worth $2.31 million, for 2.86 billion $NEIRO, even after the meme coin experienced a 17x surge in value. This whale previously gained a massive $145 million from $SHIB during the 2021/22 bull run. However, two out of their last three trades, including $NEIRO and a subsequent $SHIB trade, haven’t fared as well, leading to losses of $13.48 million. On the brighter side, the whale executed a smart trade on August 30 by offloading their underperforming $SHIB holdings and acquiring 3.114 million $FET. That trade is
The post Early SHIB Whale Swaps $ETH For $NEIRO Despite Recent Losses appeared first on The Merkle News.