CandleFocus

121 Billion PEPE Stun Binance, What's Happening?

A smart trader has made a significant profit by depositing 121.75 billion PEPE tokens, worth approximately $3.22 million, to Binance. This trade has reportedly earned the trader a profit of $2.13 million, marking a 197% increase in just 2.5 months. This is the second successful trade for the trader with PEPE tokens, as they previously made a profit of $1.23 million back in May. PEPE's price has been rising, attracting traders and investors. Despite a sell-off in the broader crypto market, PEPE has remained in the green, rising by 2.72% in the last 24 hours. The market is currently experiencing a sell-off, with Bitcoin trading below $99,000 and facing a 0.39% decrease in the last 24 hours. Traders are following the Fed's policy meeting for indications of rate cuts, with expectations of a decrease currently estimated at 85%.

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