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Ethereum Whales Convert Millions of Dollars in ETH to Shiba Inu (SHIB) Competitor: On-Chain Data

By Daily Hodl Staff at 2026-06-23 20:12

Sentiment: Positive

Ethereum whales are joining the latest memecoin craze by throwing in millions of dollars worth of their ETH into Pepe (PEPE), a coin now up over 5,000% in the last several weeks. According to blockchain tracker Lookonchain, an Ethereum whale spent nearly $3 million on PEPE using Wrapped Bitcoin (WBTC) and ETH. “A whale bought […] The post Ethereum Whales Convert Millions of Dollars in ETH to Shiba Inu (SHIB) Competitor: On-Chain Data appeared first on The Daily Hodl. Continue reading...

Categories: Altcoins

Tags: #Altcoins #Ethereum #LookonChain #News #PEPE #whales

Source The Daily Hodl