Peterson denied this yesterday.

🚨MASSIVE TRANSFER $26M PEPE 💥
A large PEPE whale just made waves in the crypto market by transferring 1.79 trillion PEPE tokens, worth approximately $26.6 million, from Binance to a personal wallet. Such a large-scale withdrawal is not just a routine step — it's a bold statement.
When whales withdraw assets from exchanges, it is often a sign that they are targeting long-term investments. They do not plan to sell in the short term; they are preparing to hold or possibly engage in strategic asset management. In this case, the whale later transferred the funds to Ceffu, Binance's institutional custody partner — hinting at serious long-term confidence.
This transfer is not just numbers on a screen — it's a reflection of the growing sentiment among high-stakes investors who believe that PEPE is not just a meme coin, but a movement. With the token price already rising more than 80% in a week, smart money may be hinting that something big is brewing.
If whales are accumulating and locking up assets, retail investors should pay attention. History shows that where whales swim, a tide often follows.