A whale with a total asset value of 147 million dollars attracted attention in the meme coin market by withdrawing 1.5 trillion PEPE tokens (13.3 million dollars) from the Binance exchange.
According to data shared by the cryptocurrency tracking platform Lookonchain, a large whale has withdrawn a significant amount of PEPE tokens from the Binance exchange. This whale, which holds assets worth a total of 147 million dollars, transferred approximately 1.5 trillion PEPE tokens (13.3 million dollars) from the exchange to its own wallet. This transfer indicates that institutional interest in the meme coin market continues.
Pepe Coin has recently become one of the significant players in the meme coin market, particularly driven by the interest in the Pepe the Frog character in internet culture. According to current data, PEPE ranks 36th in the cryptocurrency market with a market value of 3.7 billion dollars. The token has gained 2.6% in value over the last 24 hours and is trading at a price of 0.058827 dollars.
Notable for its total supply of 420.69 trillion, PEPE was launched in April 2023 and has gained 25.5% in value over the last 30 days. With a trading volume of 429 million dollars in the last 24 hours, PEPE particularly attracts the interest of investors due to its lack of any transaction tax or commission and the permanent locking of liquidity.