šØ A PEPE whale just woke up after 2 years of silence
AND PULLED $1.79 trillion š¤
Hereās the tea:
- On May 17, this whale quietly pulled 1.79 trillion $PEPE (worth ~$22.2M) from Binance into a fresh wallet.
- The next day? Another 420B $PEPE (~$5.4M) gone.
- Thatās 2.21 trillion tokens total ā over $29M ā pulled from exchanges into self-custody in just 24 hours.
šø What happened next?
- $PEPE pumped 10%, hitting $0.00001345 ā up 87.5% in a month.
- Binanceās PEPE reserves dropped by 2%.
Derivatives market went wild:
- $2M in short positions got liquidated
- Open interest in PEPE futures jumped 15%, now above $500M (highest since Jan)
š§ Looks like this whale is stacking for the long haul. And the market noticed.
One thingās clear: meme season isnāt over⦠itās just getting spicy again.