Crypto Whale Withdraws 2.21 Trillion PEPE from Binance: Sign of Big Accumulation?

Jakarta, Pintu News – In the last 48 hours, a major movement has taken place in the crypto market involving Pepe Coin (PEPE). A crypto whale has withdrawn approximately 29.28 million PEPE tokens from Binance, causing speculation and conversation among investors and market watchers.

Introduction: The Great Whale PEPE Movement

In the crypto world, whale activity is often an important indicator that can influence market dynamics. Recently, a major transaction stole the show, with a whale withdrawing millions of Pepe Coin (PEPE) tokens from the Binance exchange. This withdrawal was not only large, but also fast, occurring in less than two days.

This massive withdrawal shows the potential long-term strategy of the wallet owner. By moving tokens from exchanges to private wallets, it could be a sign that they are not planning to sell the tokens anytime soon. This could be a strategy to secure assets amid market volatility or perhaps in preparation for an anticipated rise in value.

Also Read: Top 5 Blockchains with the Largest TVL: Ethereum’s Dominance and Solana’s Rise!

Final Withdrawal Analysis

The latest withdrawal made by this whale includes almost half a trillion dollars worth of Pepe Coin (PEPE), which is equivalent to 5.39 million tokens. This is one of the largest withdrawals ever recorded for this token. This move puts the whale among the largest accumulators of this memecoin.

With a large number of tokens being withdrawn from exchanges, this suggests the possibility that the whale is planning to hold (HODL) the asset for a long time. This could be because they anticipate future price increases or may have information that is not known to the general public.

Market Implications and Future Trends

A large whale withdrawal could have a significant impact on the supply of Pepe Coin (PEPE) on exchanges, which in turn could affect the market price. When supply on an exchange decreases, and demand remains constant or increases, prices tend to rise. This is a basic economic principle that also applies to the crypto market.

In addition, this trend also shows a growing interest in memecoins, which could be a sign of a resurgence in the memecoin market in general. Investors and traders around the world are now closely watching the next move of this whale and its impact on market dynamics.

Conclusion: The eyes of the world are on PEPE

With the massive withdrawal by whale Pepe Coin (PEPE), many are wondering what the next move by this big player will be. Is this a bullish sign for PEPE or just a temporary market maneuver? Only time will tell. However, one thing is for sure, this move has attracted serious attention from the global crypto community.

Also Read: Will Dogecoin (DOGE) Break $0.25? Check out the Analysis!

That’s the latest information about crypto. Follow us on Google News for the latest crypto and blockchain technology updates. Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Blockchain Reporter. Whale Withdraws 2.21T Pepe from Binance in 48 Hours, Big Accumulation Going On. Accessed on May 19, 2025
• Featured Image: Generated by Ai