CandleFocus New Wallet Accumulates 60,000,000,000 Shiba Inu From Binance
2024-11-28
Author: Content Editor
A whale has withdrawn a significant amount of Shiba Inu (SHIB) and Pepe (PEPE) tokens from Binance to a newly created wallet. The withdrawals totaled 60 billion SHIB and 150 billion PEPE, valued at $1.52 million and $2.94 million respectively. The withdrawals are believed to indicate a long-term holding strategy by the whale, potentially reducing the supply of these tokens on exchanges and positively impacting their prices. Both SHIB and PEPE have experienced price surges recently, with experts predicting further gains in the ongoing bull run. This follows previous instances of whales accumulating large amounts of SHIB and PEPE, signaling confidence in these assets.
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