#Shiba Inu (SHIB) and #PEPE Whales Deposited Millions of Dollars to Binance Despite the Bear Trend.
A significant number of #Shiba Inu investors moved approximately 1 trillion $SHIB tokens, worth approximately $18 million, to the exchange. This transaction shows a profit of approximately 79% with tokens purchased in 2023.
According to Spot On Chain data, large Shiba Inu ($SHIB ) and Pepe ($PEPE ) token transactions have occurred recently. Notably, approximately $26 million worth of these tokens were deposited on the Binance exchange by large “whale” investors.
Similarly, 700 billion #PEPE tokens were deposited by another whale, for a total value of over $7.8 million. Remarkably, this whale continued to hold 800 billion tokens, worth more than $9 million, despite a loss of approximately 15%.