- SHIB whale “0x3de” cashes out 216B SHIB for $5.39M, achieving a 30,000% gain since 2021.
- NEIRO whale “0x3cf” eyes a 1,224% profit after depositing $1.16M NEIRO to Binance.
- MELANIA token launch accelerates World Liberty’s pre-sale, raising funds at $0.015 per token.
The memecoin market is seeing notable shifts as early holders begin to cash out. According to Spot On Chain, a substantial transaction occurred recently involving a 4 year old SHIB whale “0x3de.”
This whale offloaded 216 billion SHIB for 1,587 ETH, equal to approximately $5.39 million, about three hours ago. Initially, this whale acquired 664.22 billion SHIB in February 2021 for just $4,510.
Now, with 38.4 billion SHIB left, valued at $832,000, the whale has accumulated profits nearing $15 million, a 30,000% gain. Another whale, “0x3cf,” deposited 2.16 billion NEIRO, worth $1.16 million, to Binance around five hours ago.
This whale originally bought the NEIRO with 34.65 ETH, valued at $87,900, in August 2024. If this whale sells the entire amount, the profit would amount to $1.08 million, a 1,224% return over five months.
Trump Tokens Fuel Market Activity
The introduction of new tokens by the Trump family have further heightened the market. Donald Trump recently announced the launch of an official token named “Melania Meme” (MELANIA) by his wife, Melania Trump.
According to Conor’s tweet, MELANIA is structurally distinct from the TRUMP token. Unlike TRUMP, which had a multisig mechanism in place before launch, the MELANIA token’s creator wallet, funded by a previously active PumpFun wallet, lacks such a feature.
Following the launch of TRUMP and MELANIA tokens, the Trump family’s crypto project, World Liberty, had an accelerated pre sale process. All funds have now been raised at a pre sale price of $0.015 per token. The total supply of WLFI tokens is at 100 billion, with over 34,000 holders. TRON DAO is the largest independent buyer, acquiring 3 billion tokens.
SHIB, NEIRO and TRUMP Markets
SHIB’s market activity shows substantial inflows and outflows. Positive netflows, indicated by green bars, suggest increased selling pressure, while negative netflows, shown by red bars, imply accumulation or reduced selling.
A notable negative netflow spike around mid November, exceeding $50 million, hints at an increased number of outflows, due to investor accumulation or large holders moving tokens to private wallets.
During this period, SHIB traded between $0.000006 and $0.000010. Sharp price drops in early May and late November coincided with increased inflows, indicating selling activity. Sustained outflows in late September and early November correlated with price recoveries, reflecting buying interest.
For NEIRO, between December 16 and December 19, short liquidations spiked, suggesting a price increase. A sharp drop occurred on December 20, with major long liquidations, suggesting a sudden price correction. NEIRO’s trended downward, reaching a low around January 4 before stabilizing.
From January 7 onwards, liquidation volumes balanced between longs and shorts, indicating reduced volatility. This stabilization suggests a potential consolidation phase, with any influential price deviation likely leading to further liquidations, hinting at possible trend changes.
According to Lookonchain, after the price of TRUMP dropped, a whale who had previously made $11.8 million on TRUMP spent 17.26 million USDC to purchase 369,000 TRUMP again at $46.77. This move shows continued interest and activity in the TRUMP market, despite recent price fluctuations.
