Attention traders! What are the whales up to?
While the market is glowing with green candles, the PEPE whales are acting unusually. In the last 5 hours, 3 significant movements have been recorded that could be key for the future of the token.
Movement Analysis
* Whale 1: Moves 50 billion PEPE ($491 thousand). This could be an attempt at quick trading to take advantage of a bounce.
* Whale 2 (Wintermute): Transfers PEPE to Coinbase. This often indicates a potential sale or distribution is being prepared, which could increase downward pressure.
* Whale 3: Moves PEPE from Binance to an external wallet. This could be for storage or future redistribution.
What does this mean?
Usually, PEPE whales keep silent. This sudden activity during a bull market could be a sign of hidden movement. It could be:
* Bait for "Pump": A trap to attract small investors and then sell.
* Preparation for mass selling: Redistribution to prepare for selling and lowering the price.
My advice: Don't fall for their games! Sometimes green markets hide red traps. Trade smart and be cautious.
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