🔥💥The whale, which made a profit of 3.5 million dollars from PEPE, has now switched to Shiba Inu

The sharp rises in Bitcoin were reflected in the meme coins in the first place, while the increase in #pepe took a whale of a profit and passed to another major token, Shiba Inu (#SHIB ).

PEPE, who came out in April of 2022 and gained a large investor audience in a short time, reminded of his old days in the last 2 weeks and made his investor smile while experiencing an increase of more than 200%. If a whale wants to take advantage of the meme coin fury that is currently occurring, he transferred the profit he received from PEPE to Shiba Inu.

He managed to get it from the bottom in PEPE

According to the information provided by the on-chain tracking company Lookonchain, a whale has gradually collected PEPE at a low price since June of 2023. The whale, which has not made purchases since December, evaluated the recent increases and managed to make a “cash out”. It seems that the whale made sales of around 0.0000031 dollars and made a profit of about 3.5 million dollars.

He moved to Shiba Inu in anticipation

The whale address carrying 1.97 trillion pieces of PEPE worth $ 6 million in its possession to the Binance exchange, and then attracted 75.9 billion pieces of SHIB from here. The value of the withdrawn SHIBS was 900 thousand dollars. It is also noteworthy that the shots were taken just before the 20 percent increase in Shiba Inu that came today.

Whale most likely wants to take advantage of the meme coin furia that is happening right now and grow his wallet as fast as possible in the short term.

Meme tokens are increasing

The largest 2. the market value of Shiba Inu, which is in the position of meme coin, is around $ 8 billion. SHIB, which made a big rally in 2021 and has investors from all over the world, is known for its combustion mechanism and decreasing supply.

Shiba Inu has experienced a rise of more than 40% in the last 1 week. Another meme coin Dogecoin has increased by 50% in the last 7 days.

#memecoin #binance #TrendingTopic! $SHIB $PEPE