Shiba Inu, PEPE Face The Heat Amidst $130 Million Crypto Bloodbath

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As a seasoned crypto investor who has been through multiple market downturns and volatility, I’ve learned to keep a close eye on whale transactions and market trends. The recent $130 million crypto bloodbath, with significant declines in meme coins like Shiba Inu (SHIB) and PEPE, has left many investors shaken.

Prominent cryptocurrency investors are shifting their holdings in Shiba Inu (SHIB) and Pepe (PEPE) away from Binance due to the downturn in meme coins and a massive $130 million crypto market crash. Amidst this turmoil, some investors are seeking refuge in safer investment options like ETFSwap (ETFS) to minimize risks and recoup losses.

Whale Transfers Almost $20 Million In Pepe (PEPE) And Shiba Inu (SHIB)

I’ve experienced a tumultuous week in the crypto world, particularly with meme coins taking a hit. Shiba Inu and PEPE were among the hardest hit, suffering significant losses and unexpected crashes. The bearish trend has swept through the market, causing a massive $120 million worth of damage to numerous cryptocurrencies.

As a blockchain analyst, I recently came across an intriguing discovery using the platform Lookonchain. In a recent post on X (previously Twitter), they revealed that an anonymous wallet has withdrawn over $120 million in crypto assets from Binance, the leading cryptocurrency exchange. This transaction occurred on July 3rd. The mysterious whale transferred not only popular meme coins like Shiba Inu and PEPE but also various other altcoins as part of this massive withdrawal.

Approximately 957.77 billion PEPE tokens, equivalent to around $9.84 million, and about 583.78 billion SHIB tokens worth $9.68 million were shifted from Binance by an unidentified whale.

A significant withdrawal of Shiba Inu (SHIB) and PEPE tokens, totaling one trillion SHIB and 1.28 trillion PEPE, was initiated as the cryptocurrency market grew increasingly pessimistic, with Bitcoin‘s continuous price drop below $60,000 being a major contributing factor. Whale Alert, a well-known blockchain monitoring tool, disclosed another substantial transaction involving PEPE in a Reddit post. According to their report, an unidentified wallet withdrew approximately 1.28 trillion PEPE tokens, valued at over $14.7 million, from Binance.

As a researcher studying the cryptocurrency market, I’ve observed significant fluctuations in recent days. Specifically, Shiba Inu has experienced a downturn of approximately 15%, causing its price to drop to around $0.000014. Similarly, PEPE has taken a substantial hit with a decrease of approximately 26.75%. According to data from CoinMarketCap, the current trading prices for these coins stand at $0.000014 and $0.0000091, respectively.

Investors Turn To ETFSwap (ETFS) To Offset Crypto Market Losses With ETF Trading

As a researcher, I would explain it this way: With ETFSwap, I can exchange my crypto assets for tokenized institutional Exchange-Traded Funds (ETFs), granting me access to a diverse selection of ETFs backed by significant real-world traditional assets. After facing losses in the meme coin and altcoin markets, investors like myself have an opportunity to enhance our investment returns through ETF trading on ETFSwap.

On ETFSwap, an advanced trading platform, you’ll find everything you need for successful investments: up-to-the-minute market information and a suite of powerful tools. Discover features like tailored risk management solutions and personalized trading plans to enhance your investment experience and maximize returns.

Investors have the opportunity to enhance their trading strategies by considering ETFSwap’s handpicked ETF suggestions, which are generated using advanced AI technology within its ETF trackers and filters. These intelligent tools employ complex algorithms to scrutinize market patterns and historical data in order to identify lucrative ETFs for potential trades.

To prioritize user privacy and security, ETFSwap (ETFS) utilizes blockchain technology and reinforces its platform with rigorous security features. The native token, ETFS, operates on the Ethereum blockchain, thus enabling decentralized transactions and offering benefits like staking rewards and monthly airdrops to investors.

Investors have the opportunity to purchase ETFS tokens at a reduced price of $0.01831 during the ongoing presale. However, this special offer is only available during the current presale phase, as the anticipated value of each token is projected to rise to $0.03846 by the next stage of the presale.

Explore ETFSwap (ETFS) To Maximize Investment Returns 

As a researcher investigating the ongoing presale of ETFSwap, I’d express it this way: The presale provides me with a unique chance to buy ETFS tokens at lower prices and expand my token collection. In the past week alone, over 300 million ETFS tokens have been sold, attracting more than 10,000 new investors. By acquiring ETFS tokens now, I’m not only preparing myself for a potential price surge as market interest in ETFSwap grows but also building a solid foundation for future gains.

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2024-07-08 12:36