531,000,000 PEPE Rocks Binance as Major Whale Dumps Holdings

In an unexpected action that has piqued the interest of the crypto community, a massive whale just offloaded a significant stash of 531.5 billion PEPE tokens, worth $5.06 million, onto Binance, signaling capitulation.

According to on-chain data platform SpotOnChain, the transfer took place several hours ago, and the timing is key. The whale, who had only held the tokens for roughly a week, appears to have accepted a $465,000 loss, reflecting an 8.41% drop in their initial investment.

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