A significant investor has expanded their crypto investment holdings amidst a period of market volatility, acquiring 957.77 billion PEPE tokens and 583.78 billion Shiba Inu tokens, along with other meme coins. This investor divested assets worth $120 million from Binance, demonstrating a diverse investment strategy that includes 14 different cryptocurrencies. Despite a 4.34% decline in market capitalization to $2.16 trillion due to liquidations and a prevailing negative sentiment, several prominent investors are offloading their holdings.

One of these investors recently moved $1,723 BTC, equivalent to $106 million, to Binance within the past day. However, a newly established whale wallet is actively accumulating various cryptocurrencies from Binance, specifically concentrating on Ethereum (ETH), holding a total of 9,425 ETH valued at $30.15 million.

This whale has made significant investments in meme coins, acquiring 957.77 billion PEPE tokens worth $9.84 million and 583.78 billion SHIB tokens worth $9.68 million.