🐸💰 500 Trillion $PEPE withdrawn from Binance — Is an explosive rise on the horizon?
A massive withdrawal of 500B PEPE from Binance has sparked a whirlwind of speculation in the crypto community. According to Lookonchain, a newly created wallet withdrew half a trillion PEPE from the exchange, triggering a wave of reactions on Twitter.
🚀 Why is this relevant?
🔹 Whale movement: High-caliber investors do not make trades of this size for no reason, which could indicate impending price volatility.
🔹 Supply reduction: With 500B PEPE out of centralized exchanges (CEX), the lower availability could drive prices up.
🔹 Market performance: PEPE has increased by 13% in the last week, outperforming BTC, DOGE, and SHIB.
📊 Market keys:
💡 Analysts suggest that this could be part of Wave 3 of the Elliott Wave pattern, with Fibonacci projections pointing to $0.00012.
💡 If accumulation continues, PEPE could lead the next bullish wave of memecoins.
📈 Current PEPE data:
💰 Price: $0.000007
📊 24H Volume: $443M
🏦 Market Cap: $3.01B
With whales accumulating, rising volume, and tighter supply, could this be the precursor to a new all-time high (ATH) for PEPE?
Leave your analyses 📉, hopes 🐸, or bearish predictions 🐻 in the comments—where do you think PEPE is headed next? #Memecoins🤑🤑 #PEPE $PEPE
