The biggest cryptocurrency in the world in terms of market cap, Bitcoin (BTC) is responsible for this widespread selloff in the global crypto market as BTC has sliced 30% of its value within the last 7 days, potentially sending disastrous ripple effects across the broader crypto market.
Etherscan.io reveals that the mysterious SHIB whale is responsible for such a sharp SHIB plunge as she sold a mind-boggling total of 9.47 Trillion SHIB, worth $100,046,191($100.0M) to two unknown wallets through three separate transactions on June 9th and 10th.