Whale Transactions in PEPE, SHIB, FLOKI Surge Amid High Volatility

Meme coins have seen a resurgence in activity, with substantial whale transactions noted for PEPE, SHIB, and FLOKI.

Santiment reported significant increases in $100,000+ transactions for these coins over the last week.
FLOKI on Ethereum saw a 950% increase in whale transactions, while PEPE saw a 620% rise.
SHIB ranked tenth with a 111% increase.

Despite recent market declines, meme coins started January with strong bullish momentum:

The global crypto market cap increased from $2.96 trillion to $3.2 trillion between Jan. 1-6.
PEPE gained 57% over seven days, FLOKI 36%, and SHIB 26%.

Recent trading data shows active movement of these coins through major exchanges:

PEPE's whale transactions involved Binance, OKX, Kraken, and Wintermute.
SHIB's top transaction went to Cumberland DRW, with movements involving Coinbase Prime and Coinhako.
FLOKI's significant transaction was a $436,700 transfer from Binance's hot wallet.

The market is expected to remain volatile due to quick liquidity changes in leading exchanges, positioning meme coins in a high-risk, high-reward zone.