An on-chain alarm suddenly sounds, as 60.9 billion PEPE (approximately 6.4 million USD) is rapidly transferred to Binance late at night!
The same whale sold off 18.1 million USD worth of assets last month, with their position sharply reduced by 90%, resulting in a paper loss of 3.2 million.
Binance's order book becomes the frontline of the bull-bear battle tonight—
Breaking! PEPE whale shifts assets late at night.
The on-chain tracker is flashing red— a mysterious whale has just rapidly transferred 60.9 billion PEPE (worth over 6.4 million USD) into Binance's hot wallet! Even more explosive, this is the second major move by this whale: earlier they had sold off 18.1 million USD worth of PEPE, and now their position has plummeted by 90%, leaving about 60 billion PEPE, resulting in a paper loss of 3.2 million USD at current prices!
Whale moving assets = leaving? Three key signals.
① Transfer to the exchange = preparing to sell? Experienced investors understand: once coins enter the exchange, it's likely the prelude to placing orders. Especially for such a large volume, it's definitely not for just holding!
② Even at a loss, they withdraw? The intention to stop loss is clear. Despite a paper loss of over 3 million USD, the whale insists on transferring, indicating they have no hope for short-term market conditions and would rather cut losses to secure remaining chips.
③ Position drastically reduced by 90%! From 'heavily invested' to 'lightly observing', the whale's attitude has made a 180-degree turn, which itself is a strong signal!
Tonight's critical monitoring line: Binance's order book.
The core battlefield is at Binance! Can this massive volume of PEPE be absorbed by the market? Focus on three points:
Binance buying depth: If a 6.4 million sell order hits, and the buy one price remains unchanged, it indicates extremely strong support!
Whale's remaining chips: Keep an eye on their 60 billion PEPE wallet; if it continues to transfer to Binance, the alarm will escalate!
Panic index spreading: Once follow-the-trend selling pressure appears, it can easily trigger a chain reaction!
Opportunity hidden in crisis! Smart money is already ambushing.
Although the whale's withdrawal puts pressure on short-term prices, if Binance's buying pressure strongly absorbs the selling pressure, it could very likely create a golden opportunity! Historical experience tells us that when large players retreat, it often serves as a window for new funds to scoop up low-priced assets—key to watch who dominates the bull-bear battle tonight!
The market is changing rapidly, and the blogger is closely monitoring on-chain movements and large orders on exchanges 24/7.
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