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cover-imageBenzinga
June 28, 2024

SHIB and PEPE Whales Ramp Up Selling Amid Bitcoin-Driven Crypto Correction — Nearly $8 Million Worth Of Pepe (PEPE) Coins Deposited To Binance

The meme coin sector is taking a large hit, falling below a $50 billion aggregate market cap, aligning with the crypto market's volatile consolidation. Some of the largest Shiba Inu (SHIB) and Pepecoin (PEPE) holders, known as "whales," are generating buzz with major sell orders amid the sub-$60,000 Bitcoin (BTC) dip.

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