According to glassnode, both $SHIB and $FLOKI have experienced steep declines in open interest, with SHIB's OI dropping by 74.41% from $323M to $83M, and FLOKI's OI decreasing by 69.18% from $41.7M to $12.9M. This sharp correction across memecoins suggests a potential leverage flush out, indicating traders should be cautious of volatility and possible shifts in market sentiment.

According to Gordon (@AltcoinGordon), the meme coin with the strongest community engagement is currently $SHIB, owing to its active social media presence and strategic partnerships, as reported by CoinDesk.

According to Lookonchain, a newly created wallet has withdrawn 290.4 billion SHIB (valued at $4.84 million) and 97,111 AVAX (valued at $2.52 million) from Binance approximately 40 minutes ago. This movement may indicate potential market activity or strategic positioning by the wallet holder. Such large withdrawals can influence liquidity and price volatility for SHIB and AVAX, making it a point of interest for traders.

According to Lookonchain, a cryptocurrency whale has recently accumulated an additional 257.5 billion SHIB tokens, valued at $4.6 million, following a market drop. This brings the whale's total holdings to 477.5 billion SHIB, equivalent to $8.57 million. The significant acquisition suggests a strategic move to take advantage of the lower market prices, potentially indicating confidence in SHIB's future performance. Traders should monitor this whale's activity as it may influence SHIB's price dynamics.

According to Lookonchain, a significant whale has accumulated an additional 257.5 billion SHIB tokens, valued at approximately $4.6 million, following a market downturn. This whale's total holdings now amount to 477.5 billion SHIB, equivalent to $8.57 million. Such accumulation may indicate a strategic move to capitalize on potential price recovery, suggesting increased interest in SHIB at lower price levels.

According to @ai_9684xtpa, a major PEPE whale, known for a 100% success rate in swing trading, has recently increased their PEPE holdings by investing an additional $3.68 million. This brings their total PEPE holdings to 1.129 trillion tokens, valued at $26.63 million, with an average cost of $0.00001647 per token. The whale's unrealized profit from PEPE is approximately $7.84 million. PEPE is the top asset in this whale's portfolio, followed by SHIB, valued at $10.29 million.

According to Ai 姨, a prominent crypto whale known for a 100% success rate in PEPE trades has resumed activity after a three-week hiatus. Ten hours ago, the whale deposited $6.17 million worth of PEPE and $2 million in SHIB into Binance. Six hours later, the whale withdrew 109.7 billion PEPE. If the remaining PEPE has been sold, the whale stands to gain an estimated profit of $1.71 million. The cost basis for the whale's PEPE is $0.00001331, and for SHIB, it is $0.00002343.

According to @ai_9684xtpa, a prominent whale known for a 100% win rate in PEPE trading has withdrawn 96.5 billion PEPE tokens worth $1.98 million from Binance. The whale's total holdings now include $21.7 million in PEPE and $11.09 million in SHIB. Since June, the whale accumulated 613.8 billion PEPE at an average cost of $0.00001331, currently realizing an unrealized profit of $4.39 million.

According to ai_9684xtpa, a cryptocurrency whale known for a 100% success rate in PEPE trades has withdrawn 96.5 billion PEPE tokens from Binance, valued at $1.98 million. This whale currently holds $21.7 million worth of PEPE and $11.09 million worth of SHIB. Since June, the whale has accumulated 613.8 billion PEPE tokens at an average cost of $0.00001331, resulting in an unrealized profit of $4.39 million.

According to Ai 姨, Vitalik Buterin's recent sales of various memecoins have had significant impacts on their market prices. He sold $600,000 worth of SHIK, causing an 80% drop in its value, and $1 billion worth of SHIB, resulting in a 40% decrease. Interestingly, despite selling MOODENG, its price surged fourfold. This highlights the changing dynamics in the memecoin market, where airdrops to influential figures like Buterin are common marketing strategies by token teams. The contrasting outcomes of these sales suggest lessons for traders in understanding market reactions to large transactions.

According to @ai_9684xtpa, a newly active address that accumulated $11.07 million worth of SHIB in June and July has withdrawn 546.7 billion SHIB (approximately $1.04 million) from Coinone after two months. The cost basis for these tokens was around $0.00001727, leading to a current unrealized profit of $1.45 million given the current price of $0.00001955. The address now holds a total of 695.6 billion SHIB, valued at $12.11 million. Over the past seven days, SHIB has increased by 37% amid the ongoing meme coin rally.

According to Justin Sun, the community has suggested burning liquidity LP tokens for SunPumpMeme, similar to the strategy used by mainstream meme tokens like SHIB. This approach has several advantages, including increasing token liquidity, which could positively impact token value and trading volume.

According to Lookonchain, the top 10 MEMEcoins have experienced a significant average decline of 63.73% from their peak values over the past year. Specific declines include DOGE (-57.93%), SHIB (-70.86%), PEPE (-58.16%), WIF (-70.93%), BONK (-64.63%), FLOKI (-65.97%), BRETT (-62.59%), POPCAT (-43.77%), BOME (-79.48%), and MEW (-62.99%). This trend indicates a substantial bearish movement in the MEMEcoin market, which traders should consider when making investment decisions.

According to @OnchainDataNerd, Wintermute recently deposited 60.84 billion SHIB tokens, valued at approximately $1.14 million, to Binance. Currently, Wintermute's wallet holds only 28.84 billion SHIB tokens, worth about $543,000. This significant movement of SHIB tokens to Binance could indicate potential trading activity or market strategy by Wintermute.

According to @ai_9684xtpa, a new wallet address 0x9d9...Eb2d6 has transferred 527.5 billion SHIB tokens from the South Korean exchange Coinone within the past 45 minutes. The total value of the transfer is $9.13 million, with an average transfer price of $0.00001731 per SHIB. Over the past seven days, SHIB has experienced a nearly 6% decline, with the current price at $0.00001718.

According to @OnchainDataNerd, a whale deposited 1.09 trillion SHIB tokens, valued at approximately $18.34 million, to Binance 2 hours ago. This whale accumulated these tokens 7 months ago at an average entry price of $0.0000108. If sold at the current price, the whale stands to earn a profit of $6.59 million.

According to @lookonchain, a whale recently deposited 1.08 trillion SHIB, valued at $18.4 million, to Binance, realizing a profit of approximately $8.3 million. This whale had previously withdrawn the same amount of SHIB from Binance on November 24, December 4, and December 22, 2023, at a cost of around $10.07 million. At the peak of SHIB's value, the whale had an unrealized profit of $29 million.

According to @EmberCN, a whale transferred 1.0879 trillion SHIB (worth $18.34 million) to Binance an hour ago. Tracking back, it was found that these SHIB tokens were withdrawn by the whale from Binance at an average price of approximately $0.0000094 during the market bottom last November-December. Despite SHIB's price drop from its March high of $0.0000456 to the current $0.0000167, the whale still has a profit of $8.12 million (+79%).

According to @OnchainDataNerd, a 3-year-old $SHIB holder with the address 0x6F6 recently withdrew 245 billion $SHIB (approximately $4.41 million) from Coinbase within a 24-hour period. This holder initially accumulated 285.29 billion $SHIB for $2.45 million three years ago, and the current value of this investment is $4.93 million, yielding a return on investment of around 101%.