No, Ethereum Whales Aren't Giving Up on Shiba Inu

It's not a bad idea to stay abreast of what deep-pocketed investors are doing. When they are actively buying an asset, there could be an underlying reason that could make it worthwhile for you to buy as well. The same idea applies when wealthy investors are selling a given asset. 

I bring this up because there have been several reports recently about Ethereum (CRYPTO: ETH) whales selling Shiba Inu (CRYPTO: SHIB). Some have speculated that these whales could be losing interest in or becoming more bearish about the meme coin.

But are Ethereum whales really giving up on Shiba Inu? I don't think so.

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Source Fool.com