CandleFocus PEPE Whale Accumulation: $7.94M Withdrawn from Binance and Gate.io in Two Hours
2024-11-06
Author: Content Editor
Several whales have made substantial purchases and withdrawals of PEPE tokens from major exchanges, such as Binance and Gate.io. The most significant transaction was made by a whale associated with wallet address "0x51Cc," who moved 535.81 billion PEPE tokens worth approximately $5.07 million from Binance. This accumulation of PEPE tokens suggests renewed interest in the meme-inspired cryptocurrency. Two other significant wallets also withdrew substantial amounts of PEPE tokens, totaling around $7.94 million. This surge in whale activity reflects heightened interest in PEPE among large investors. The accumulation of PEPE tokens by whales could potentially drive up the price, and it may attract attention from retail investors.
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