Crypto Market Rebounds After Prolonged Sell-Off

加密貨幣市場在長期拋售後反彈

After eight days of relentless selling, the crypto market has experienced a momentary respite. Amidst an overwhelming deluge of negative news and market sentiment, a long-awaited rebound has emerged.

經過八天的無情拋售後，加密貨幣市場經歷了短暫的喘息。在鋪天蓋地的負面消息和市場情緒中，期待已久的反彈出現了。

Whales Invest Heavily in Shiba Inu and Pepe Coin

鯨魚大量投資柴犬和佩佩幣

Against this backdrop, significant on-chain activity has been observed involving Shiba Inu (SHIB) and Pepe Coin (PEPE). Within the past 14 hours, two major crypto whales have deposited a combined $25.95 million worth of these tokens onto Binance, as reported by Spot On Chain.

在此背景下，觀察到涉及柴犬（SHIB）和佩佩幣（PEPE）的重大鏈上活動。根據 Spot On Chain 報導，在過去 14 小時內，兩大加密巨頭已將價值總計 2,595 萬美元的代幣存入幣安。

Shiba Inu Whale Accumulation

柴犬鯨魚聚集

Whale "0x42a" transferred a staggering 1.088 trillion SHIB, valued at $18.12 million. An analysis of the whale's activity suggests an accumulation period during November and December 2023, coinciding with the market bottom. It is estimated that the whale has profited by $8 million, representing a substantial 79% gain.

鯨魚「0x42a」轉移了驚人的 1.088 兆個 SHIB，價值 1812 萬美元。對鯨魚活動的分析表明，2023 年 11 月和 12 月是一個累積期，與市場底部一致。據估計，鯨魚已獲利800萬美元，漲幅高達79%。

Pepe Coin Deposits

佩佩硬幣存款

In another noteworthy transaction, whale "0x837" deposited 700 billion PEPE to Binance, equivalent to $7.83 million, approximately three hours ago. Currently, this whale holds another 800 billion PEPE, valued at $9.22 million. However, this entity faces an estimated total loss of $3.47 million, representing a 15% decline.

在另一筆值得注意的交易中，大約三小時前，鯨魚「0x837」向幣安存入了 7,000 億個 PEPE，相當於 783 萬美元。目前，這頭鯨魚還持有 8,000 億個 PEPE，價值 922 萬美元。然而，該實體預計總虧損為 347 萬美元，下降 15%。

Implications for Market Direction

對市場方向的影響

While large deposits to Binance may not necessarily indicate bullish sentiment, the next few days will be crucial in determining the direction of the crypto market. The question remains: has the worst of the sell-off passed?

雖然幣安的大量存款不一定表示看漲情緒，但未來幾天對於確定加密貨幣市場的方向至關重要。問題仍然是：最糟糕的拋售已經過去了嗎？