The past month has been telling for both PEPE and Shiba Inu. The top 100 PEPE wallets boosted their holdings by 1.5%, bringing the total under whale control to roughly 305.26 trillion tokens.
At the same time, exchange balances slipped 0.5%, showing that coins are flowing into private storage. This often happens when big players plan to hold for the longer term rather than trade.
For Shiba Inu, the whale activity has been even more striking. Transaction volumes from major holders surged from 1.28 trillion to 3.69 trillion SHIB in just two days — a 188% jump.
Over 4.66 trillion SHIB, worth around $64 million, left exchanges in recent weeks. Such large-scale withdrawals often precede price rallies, as supply on exchanges becomes tighter.
In short, whales accumulate crypto when they see value others might be overlooking. This type of activity has historically been a precursor to strong moves in meme coins during major rallies.
