It definitely looks like a bullish signal! Large withdrawals from exchanges often indicate accumulation, especially by whales who plan to hold rather than sell. This could reduce selling pressure and lead to a supply squeeze, potentially driving PEPE’s price higher.
However, it’s always good to consider other factors—broader market sentiment, Bitcoin’s movement, and overall liquidity conditions. If this whale intends to stake or use PEPE in DeFi rather than sell, it could reinforce a bullish narrative.
Are you holding PEPE, or just keeping an eye on the action?
