A whale bagged billions of PEPE & SHIB tokens amid recent price turbulency. Data highlights colossal meme token holdings by the whale, igniting hope for SHIB & PEPE future movements. SHIB & PEPE prices witness a fall, although crypto investors remain optimistic on future movements.
In a riveting turn of events, amidst meme coins’ turbulent price action witnessed in the past 24 hours, a whale has been recorded bagging colossal amounts of Pepe coin ( PEPE ) and Shiba Inu (SHIB) tokens, nabbing investor attention across the globe. On-chain insights reveal 199 billion PEPE and 37 billion SHIB were purchased recently, birthing market optimism surrounding the meme-based investment products’ future movements. Despite the already impressive price rally taken during this year’s bull cycle, Pepe coin and Shiba Inu tokens continue to shine with optimism for future gains.
This is further evidenced by the significant accumulations mentioned above. Let’s dive deeper into the current price action and on-chain stats of SHIB & PEPE. According to the on-chain insights facilitated by ‘The Data Nerd, ‘ the whale 0xa14 has withdrawn 199 billion PEPE, worth $2,9 million, from Binance, the world’s leading crypto exchange.
Moreover, the same wallet address withdrew 37 billion SHIB, worth $964K, from the same exchange in another transaction. Data reveals that within a span of 5 days, the trader has withdrawn a staggering 349 billion PEPE, valued at $5.21 million, from Binance.
These acc.