In a move that sent shockwaves through the crypto community, a jaw-dropping 1.79 trillion $PEPE tokens—valued at over $26.6 million—was spotted leaving #Binance for an unknown wallet, according to @whale_alert.
🟡 Transaction 1:
🔁 1,793,905,267,193 $PEPE ($26,603,674)
📤 From: $BTC
📥 To: Unknown wallet
🔗 View Transaction
Just minutes later, a second significant transaction was flagged:
🟡 Transaction 2:
🔁 1,773,879,402,091 $PEPE ($26,644,319)
📤 From: Unknown wallet
📥 To: Ceffu — a digital asset custody platform affiliated with Binance
The identity of the wallets involved remains a mystery, sparking widespread speculation. These massive PEPE moves have led to buzz around potential:
🔄 Custodial Rebalancing
🐳 Whale Accumulation
🔐 Institutional Transfers
⚖️ OTC or Liquidity Management
While the exact motive behind these colossal transfers remains unclear, the timing is suspiciously bullish.
📈 $PEPE Price Soars Amid Whale Activity
Interestingly, the enormous token shifts coincide with a strong price rally for $PEPE.
📅 May 6 Low: $0.00000759
📈 Today (May 12): $0.00001484
🚀 Weekly Gains: +81%
📊 24-Hour Surge: +15%
PEPE broke above key resistance at the daily SMA 50 ($0.00000814), pushing the meme coin into unseen price territory since January 24, 2025. The meme coin even touched highs of $0.0000154 during early Monday trading.
💬 Final Thoughts
With institutional-scale movements, increased retail excitement, and technical indicators flashing bullish, PEPE is clearly on the radar again. Whether these outflows represent strategic storage, internal restructuring, or whale plays, one thing’s clear: PEPE is making noise in the crypto space again.
👉 Stay tuned to #BinanceSquare and @whale_alert for real-time updates on $PEPE and other market-moving events.
#PEPE #MemeCoin #CryptoNews #Binance #Ceffu #WhaleAlert #Altcoins #BinanceSquare #Bullish #CryptoTrends #PEPERally