Billions of SHIB and PEPE Exit Binance in $166 Million Crypto Bloodbath

Anonymous meme coin whale withdraws billions of SHIB and PEPE from Binance amid crypto bloodbath worth $166 million

losing over 2.5% and falling below the key $60,000 mark. This decline triggered a widespread sell-off across the market, resulting in an aggregate loss of nearly $100 billion in market capitalization.Amid this market turmoil, an account made a notable withdrawal from Binance, amounting to $59.41 million spread across eight different tokens. The most substantial portion of the withdrawal comprised 9,425 ETH, valued at $30.92 million. Additionally, the account moved 957.

Equally interesting is that the primary focus of the alleged buyer has been on meme tokens. Despite the plethora of fundamentally strong cryptocurrencies, it is this sector that seems to continue to rule the board in this cycle. Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.

He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Bybit Web3 Expands it Ecosystem with Integration of SUI, ZKLink, and Scroll

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