Half a Trillion PEPE Withdrawn from Binance: A Giant Whale Emerged! - Coin Bulletin

A new wallet that withdrew a total of 500.6 billion PEPE (PEPE) in the last 30 minutes through Binance has attracted attention.

Large-scale transactions in the cryptocurrency market immediately attract the attention of investors. Recently, a massive transaction occurred for PEPE, one of the popular meme coins. According to data shared by the blockchain analysis platform Lookonchain, a newly created wallet withdrew approximately 5.2 million dollars worth of PEPE from Binance.

While it is still unknown who is behind this significant transfer, market players are closely monitoring such transactions. Especially whether transfers made in large amounts will trigger price movements has become a topic of curiosity among investors.

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After such massive transfers, investors can experience sudden price movements in the asset in question. Transactions made by large whales in highly volatile meme coins like PEPE can quickly move the market up or down. After this transfer, PEPE investors will be watching the next moves of the wallet.