Whale transfers 595.2B PEPE tokens to Binance.
Estimated $1.57M profit (+32%) realized in 3 months.
Holds 104.4B PEPE in separate wallet with $320K unrealised gain.
Whale Activity Unveiled
A major wallet known as “qianbaidu.eth” has just deposited 595.2 billion $PEPE tokens (about $6.52 million) into Binance. With a +32% gain in three months, this positions the whale for a likely $1.57 million profit. These large transfers to exchanges often signal upcoming sell pressure or profit-taking behavior, catching the attention of the crypto community.
What It Means for the Market
1. Realizing Gains
By moving funds to Binance, qianbaidu.eth has enabled a path to convert profits into fiat or other assets. With $1.57M potentially on the table, this could impact PEPE’s price if tokens are sold.
2. Price Outlook
Markets often respond swiftly to whale movements. A transfer of this size may stir volatility—either a dip if the whale sells aggressively or a squeeze if other traders front-run the action.
3. Holding Strength
Despite this deposit, qianbaidu.eth maintains 104.4 billion PEPE (around $1.15M) in another wallet, showing a continued belief in the token. That holding today has an unrealized gain of roughly $320,000.
Whale “qianbaidu.eth” just deposited 595.2B $PEPE ($6.52M) into #Binance, likely securing a $1.57M profit (+32%) after 3 months.
The whale still has 104.4B $PEPE ($1.15M) left in another wallet, with $320K in unrealized profit.
Follow @spotonchain and track the whale’s two… https://t.co/0MR9kRpkCA pic.twitter.com/eI6S1ZJ2k8
— Spot On Chain (@spotonchain) June 16, 2025
Context: PEPE Whale Dynamics
Memecoin ecosystems like PEPE often see dramatic whale trading patterns. Large wallet holders can significantly sway token momentum:
Exchange deposits—Signal intent to sell or rebalance.
Holding wallets—Suggest bullish sentiment and long‑term conviction.
Unrealized profit—Signals potential future inflows or risk exit points.
What to Watch
Watch Binance order books for spikes in sell orders from PEPE.
Track token price post-transfer—look for signs of dump or defiance.
Follow on‑chain signals—any further deposits or movements by this whale?
Read Also:
Whale “qianbaidu.eth” Deposits 595B PEPE on Binance, Eyes $1.57M Profit
Final Days at $0.0003: Arctic Pablo’s Presale Heats Up as Best Crypto to Invest While Ethereum and Polkadot Flip the Script
Best Cryptos to Buy Right Now That Could Boom This Month – See the 4 Top Picks!
Web3 ai Pushes Ahead With 1747% ROI & Smart Advisor as Bitcoin Cash and Tron See Big Gains
The post Whale “qianbaidu.eth” Deposits 595B PEPE on Binance, Eyes $1.57M Profit appeared first on CoinoMedia.
