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😱🐋🐋Whales Received 624 Billion from SHIB and PEPE, Will Their Prices Rise?
Amid the broader signs of recovery of the crypto market, the #ShibaInu and Pepe coin have gained significant interest, with whales accumulating huge amounts of these tokens.
Amid the broader crypto market's portrayal of recovery, in an unprecedented cycle of events, Shiba Inu and Pepe coin have emerged as the center of attention. The crypto horizon is brightening with on-chain data revealing an unprecedented increase in the accumulation of these coins.
In the past 24 hours, large-scale investors, often referred to as 'whales', have accumulated a total of 624 billion PEPE & SHIB coins from stock exchanges. This development has caused shockwaves in the global crypto community, and investors have speculated about the upcoming price movements of memecoins.
Shiba Inu and #PEPE Whale Accumulation Ignites Market Optimism
The sudden increase in whale accumulations surrounding SHIB and PEPE following the recent Sunday corrections has sparked curiosity in the broader crypto market. Despite the crisis, market sentiment is now brimming with hope, fueling speculation that potentially strong price action for Pepe coin and Shiba Inu will continue.
According to data from an on-chain tracker, a whale going to the 0x10Dc address running through OKX made significant progress today. The whale accumulated 241.6 billion PEPE worth $1.75 million from the aforementioned CEX, followed by 53 billion SHIB worth $1.27 million.
On the other hand, another whale 0x1c6 has attracted a total of 329.3 billion PEPE from Binance and MEXC in the last 24 hours, increasing the optimistic mood of the tokens in the market.
This huge purchase of PEPE & SHIB has attracted attention in the cryptocurrency sector.
Surprisingly, such huge whale accumulations underscore the growing sense of confidence and interest in the assets on the market and paint an optimistic outlook for their future.
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