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

Prominent Crypto Whales Withdraw Shiba Inu (SHIB) and Pepe (PEPE) from Binance Amidst Market Downturn

Shiba Inu (SHIB) and Pepe (PEPE) are facing increased pressure as major crypto whales have moved their coins away from Binance. This outflow coincides with a decline in meme coins and a recent $130 million crypto bloodbath.

Whale Transfers $20 Million in SHIB and PEPE

An anonymous wallet withdrew over $120 million worth of crypto assets from Binance on July 3rd. The withdrawal included 957.77 billion PEPE tokens (approx. $9.84 million) and 583.78 billion SHIB tokens (approx. $9.68 million).

Separately, another large transaction involving PEPE was detected. An unknown wallet withdrew 1.28 trillion PEPE tokens (worth over $14.7 million) from Binance.

Market Downturn Impacts SHIB and PEPE

The broader market downturn has significantly impacted SHIB and PEPE. Bitcoin's persistent price declines have driven the crypto market into bearish territory, resulting in a drop of 15% for SHIB and 26.75% for PEPE over the past week.

Investors Seek Alternatives in ETFSwap (ETFS)

Amidst the market uncertainty, investors are turning to ETFSwap (ETFS) as a potential risk mitigation and profit recovery option. ETFS is a decentralized platform that enables users to trade tokenized exchange-traded funds (ETFs).

ETFS Features and Benefits

ETFS offers access to a range of valuable ETFs backed by real-world assets. Investors can offset cryptocurrency losses by trading ETFs on the platform.

ETFS provides advanced trading tools, real-time market data, and customizable trading strategies. AI-powered ETF recommendations assist in identifying profitable opportunities.

Enhanced Security and Privacy

Blockchain technology and robust security measures are employed by ETFS to protect user privacy and ensure the safety of investments.

ETFS Presale Opportunity

The ongoing ETFS presale offers investors the opportunity to acquire tokens at a discounted price of $0.01831. The presale has sold over 300 million tokens and attracted more than 10,000 new investors.

By participating in the ETFS presale, investors can capitalize on low prices and position themselves for potential gains as demand for the platform increases.