The brutal sales that have been going on for the last eight days in the crypto market seem to have ended today. In an era when the amount of negative news reached its maximum and the mood of market participants was not enough to evoke anxiety, the sales stopped for a while, and the long-awaited recovery followed.
In this context, Shiba Inu (SHIB)And Pepe (PEPE)Different onchain data has emerged, including some of the most well-known cryptocurrencies such as
![](https://www.coinkolik.com/wp-content/uploads/2024/06/SHIB-shiba-inu-veri-1047x640.webp)
Like SHIB, PEPE also surprised!
According to the news of Spot On Chain, two major crypto whales deposited a total of $ 25.95 million of these tokens to Binance in the last 14 hours. Whale “0x42a” made a stunning breakthrough by transferring 1.088 trillion SHIB worth 18.12 million dollars
Analyzing the activity of the whale reveals an accumulation period that coincides with the bottom point of the market in November and December 2023. It is claimed that the whale made a profit of 8 million dollars, which means a significant profit of 79 percent.
In another remarkable process, the whale “0x837” deposited 700 billion PEPE, equivalent to 7.83 million dollars, to Binance about three hours ago. Currently, this whale has another 800 billion PEPE worth 9.22 million dollars.