
PEPE Whale Deposits $6.5M to Exchange as Price Drops 11%
PEPE plunged 11% in the last 24 hours, wiping out over $650 million in market cap as a major whale deposit on Binance sparks sell-off fears.
1H
0.24%$0.0000
24H
8.00%$0.0000
7D
-9.73%$0.0000
30D
56.9%$0.0000
PEPE plunged 11% in the last 24 hours, wiping out over $650 million in market cap as a major whale deposit on Binance sparks sell-off fears.
PEPE has recorded a 50% jump in trading volume as popular trader James Wynn reopened a leveraged long position on PEPE using 10x leverage.
PEPE surged 10%, reaching $0.00000869 amid whale accumulation, with a crypto whale withdrawing 2 trillion PEPE coins from Binance over the past week.
Blockchain analytics firm Nansen attributes the rally to significant participation from “smart money” wallets, with $14.2 million in inflows over 30 days.
A crypto whale’s massive PEPE accumulation comes alongside a 6% dip, with analysts predicting a parabolic rally ahead.
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