đ Why $PEPE Could Be Headed Toward $1 Soon
đł Whale Alert:
Just two hours ago, major trading firm Cumberland withdrew a whopping 386.45âŻbillion PEPE tokens (around 3.45âŻmillion) from exchangesâlikely transferring them to cold wallets or prepping for a long-term hodl .
What This Likely Signals:
Accumulation, not dumping: Withdrawals from exchanges usually mean the tokens are being stored securelyânot sold.
Strategic confidence: As a top-tier liquidity provider and market maker, Cumberland operates with strategy. Their shift from exchanges suggests deep conviction.
Bullish timing: In a choppy or fearful market, theyâre loading upânot offloading .
đ **OnâChain Analysis:**
PEPEâs volatility is well-knownâbut this whale move highlights strong hands believing in the tokenâs future.
It could be a signal of a market bottom, especially if similar moves by other whales follow .
With supply withdrawing from circulation, midâterm price upside becomes more likely.
đŽ **Whatâs Next:**
Increasing whale interest could pave the way for a price floor.
Fewer tokens on exchanges = lower selling pressure, potentially catalyzing a rally.
Watch for more on-chain activityâsignificant deposits, swaps, or more big withdrawals could be key signals .
â Final Takeaway:
Retail traders may doubt meme-coinsâbut pros like Cumberland are quietly buying. On-chain signals like this can offer early insights, so donât overlook them.
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