🚨 Whale Alert: Massive SHIB & PEPE Withdrawals from Binance! 🚨

In a remarkable move, an anonymous crypto whale has withdrawn 60 billion Shiba Inu (SHIB) and 150 billion Pepe (PEPE) tokens from Binance to a newly created wallet. Here's a detailed breakdown of this significant transaction:

Transaction Details:

🔹 PEPE Withdrawal:

Amount: 150 billion PEPE (~$2.94M)

Time: 07:58 a.m. (UTC)

This was the wallet's first-ever transaction, processed through Binance's 'Binance 15' wallet.

🔹 SHIB Withdrawal:

Amount: 60 billion SHIB (~$1.52M)

The withdrawal was split into three transactions of 20 billion tokens each, processed via Binance Wallets, including 'Binance 14' and 'Binance 16.'

Whale’s Portfolio Breakdown:

PEPE: 65.92%

SHIB: 34%

ETH: 0.08%

Potential Impact on the Market:

💹 Reduced Exchange Supply: Such massive withdrawals reduce the available supply of SHIB and PEPE on Binance, potentially driving positive price action.

💹 Price Surge:

SHIB has surged 2.03% in 24 hours, now trading at $0.00002517.

PEPE has skyrocketed 7.03% in the same timeframe to $0.00001944.

Context of Whale Accumulation:

The move is part of a larger trend:

1️⃣ In mid-November, whales acquired 4 trillion SHIB tokens (~$99M).

2️⃣ Recent withdrawals include 1.67 trillion SHIB, representing 0.28% of its total supply.

3️⃣ PEPE has also seen significant interest, with whales buying $7.94M worth of tokens earlier this month.

What Could This Mean?

🔍 Long-Term Holding: The whale might be gearing up for the ongoing bull run, holding these tokens in anticipation of further price surges.

🔍 Bullish Sentiment: With increased accumulation and reduced exchange supply, SHIB and PEPE could see heightened investor interest and price momentum.

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