Crypto Investors Bet Big On Shiba Inu And PEPE – Here’s How Much They Bought

Quick Summary:

Amidst the market turmoil, on-chain data shows a particular whale has been taking the chance to load up on their portfolio.

Notable among the transfers is the withdrawal of 957.77 billion PEPE and 583.78 billion Shiba Inu, among other meme coins.

This decline triggered an avalanche across the wider crypto market, with virtually all cryptocurrencies currently bleeding red in terms of 24-hour price action.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: PEPE news PEPE price SHIB news PEPE Shib SHIB price Shiba Inu news Shiba Inu Pepe PEPEUSD SHIBUSDT SHIBUSD Pepe coin Shiba Inu price PEPEUSDT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-05 @ 03:00:35 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21486549

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About Bitcoinist

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Official Website: bitcoinist.com

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Year Established: 2014

Headquarters: Hungary

News Last Updated: 12 hours ago

Coverage Areas: Hungary

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