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A Reddit user bought 120 billion SHIB tokens for 1.5 million USD.
A Reddit user, "an525," just purchased 120 billion SHIB tokens for 1.5 million USD, marking their latest transaction in the current bull run. This large purchase makes them a "whale" in the Shiba Inu community, demonstrating the influence of large investors on token volatility.
The post quickly attracted attention, with many members praising the trade and calling the buyer a "STRONG WARRIOR." The trade happened at the right time of "Uptober," a period in October that typically experiences a bullish trend, drawing more investor attention to the market trend.
Bitcoin recently reached a record 126,069 USD, sparking excitement in the crypto community. Besides Bitcoin, altcoins like SHIB are also gaining significant attention, with holders actively engaging on social media, contributing to the vibrant culture of the token. Such large transactions demonstrate the influence of whales on market sentiment.