🚀🚀🚀News #Pepe 🚀🚀🚀
A large PEPE holder has re-emerged after 2 years of silence, withdrawing over 2 trillion tokens from Binance in a move that has garnered attention in the crypto market.
This unexpected activity has sparked a new wave of interest in memecoins, driving both price and trading volume.
PEPE trading surges as a whale transfers 29 million tokens from Binance
On May 17, blockchain analytics firm Lookonchain reported that a whale wallet initiated a large transaction involving PEPE tokens. The investor withdrew 1.79 trillion PEPE, worth 22.23 million USD, from Binance to a newly activated wallet.
A day later, this whale withdrew an additional 420 billion PEPE tokens, valued at approximately 5.39 million USD, from the exchange.
PEPE whale transactions | Source: LookonChain
In total, this whale wallet has now withdrawn 2.21 trillion PEPE tokens, worth 29 million USD, from Binance in two separate transactions within a 24-hour period.