Binance Reshuffles 1.28T PEPE Coins as Liquidations Hit $3M
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Binance relocated $14.75M worth of PEPE between hot wallets. Dormant holder arrives to sell off 10B of PEPE Coin for $112K. Derivatives liquidations put away $2.75M of long PEPE positions. PEPE has spent most of this year climbing the global crypto ranks, but the frog-themed meme coin’s double-digit upswings are usually followed by a sharp crypto market correction. Binance Prepped PEPE for Big Market Action As the general crypto markets witnessed an all-around drawdown this Wednesday, PEPE wasn’t spared from getting dipped in the bearish sauce. As Bitcoin (BTC) momentarily tumbled below $60K for the first time since June
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