Recovery may be on the horizon as a whale accumulates millions of dollars worth of Shiba Inu and Pepecoin.
The recent market downturn drew skepticism among market participants as Bitcoin and altcoins have failed to live up to the October hype. For instance, Shiba Inu is almost 18% away from its $0.00002169 high late last month.
Meanwhile, a whale has looked past the short-term FUD in the market, accumulating a massive amount of Shiba Inu and Pepecoin. Data from blockchain analytics firm Lookonchain shows that a wallet withdrew 83.36 billion SHIB and 101.8 billion PEPE from Binance.
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