🐋Whales take action!
200 billion PEPE & SHIB buying spree
Price recovery is just around the corner? 💥🚀
The meme coin storm is coming, and whales are buying like crazy!
In the past 24 hours, more than 200 billion PEPE and SHIB were swallowed by whales, shocking the entire crypto market! 🐋🔥A big whale frantically bought 199 billion PEPE and 37 billion SHIB, which aroused great attention and optimism in the market.
Giant Whale Action: PEPE & SHIB Big Buy
On-chain data shows that address 0xa14 withdrew 199 billion PEPE from Binance, worth $29 million; 37 billion SHIB, worth $964,000. In the past 5 days, this whale has bought a total of 349 billion PEPE, investing $5.21 million, accounting for 82% of its total assets. This shows great confidence in the future trend of meme coins! 💪💰
Optimism amid price volatility
Although PEPE and SHIB prices have fallen by 1.14% and 1.97% respectively in the past 24 hours, the market's expectations for the future remain optimistic. PEPE's RSI is close to 60, showing strong bullish momentum, while SHIB's RSI is around 52, indicating neutral market sentiment. As SHIB's burn mechanism continues, the future of these two meme coins may be brighter. 🌟📈
Futures market heats up
According to Coinglass data, the futures open interest (OI) of PEPE and SHIB has increased significantly recently, reaching $183.03 million and $99.37 million, respectively. This further shows that investors' interest and enthusiasm for these two tokens are heating up. 🔥💹
Future outlook: More gains are coming?
With the continued buying of whales and the optimistic sentiment in the market, PEPE and SHIB are expected to usher in more gains. Long-term holders and new investors are looking forward to this wave of meme bull market. 🌊🚀
