Massive Transaction from PEPE Balinas Influences Coin Price: A Deep Dive into the Crypto Market (PEPE)
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- A high-volume transaction by a whale in the popular memecoin, PEPE, has been detected according to onchain data.
- The whale moved 1.23 trillion PEPE to Binance, causing a sudden drop in the coin’s price by approximately 5.2%.
- The whale had only held these PEPE tokens for three days, closing the trade with a profit of around $134,000, which is a low amount relative to its capital.
A PEPE whale makes a significant move, causing a sudden drop in the memecoin’s price. The whale had only held the tokens for three days, making a profit of around $134,000.