Shiba Inu And PEPE Whales Deposit 1.8 Trillion Tokens To Binance, Are They Selling?
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Shiba Inu and PEPE whales have begun to make their move in a market currently rocked with uncertainty. This time around, these prominent investors are sending large amounts of tokens to Binance.
Spot On Chain, an on-chain data tracking and aggregation platform, reported a transaction carrying significant amounts of SHIB. While these large transactions are not new, this one stood out due to the destination of the coins, which was the Binance crypto exchange.
Another whale transaction which caught the attention of the on-chain tracker is that of a PEPE whale. Similar to the Shiba Inu whale, the PEPE whale had deposited 700 billion tokens to the Binance exchange. At the time of the transaction, the tokens were worth $7.38 million.
