Cryptocurrency

Pepe

Chainlink

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According to a report by crypto analytics firm Lookonchain, a large investor, colloquially known as a whale, has reportedly <a href="https://twitter.com/lookonchain/status/1676615487030177798">withdrawn</a> two trillion Pepe (PEPE) tokens, valued at around $3.28 million, from Binance, the world's largest cryptocurrency exchange by trading volume.
This move came just hours after the same investor pulled 1.93 trillion PEPE tokens worth approximately $3.03 million.
This anonymous whale, as revealed by Lookonchain, appears to be offloading other cryptocurrency assets and consolidating its portfolio into <a href="https://u.today/this-pepe-copycat-up-71-possible-reasons">Pepe</a>.
The investor reportedly sold 97,735 Chainlink (LINK) tokens, valued at approximately $592,000, and 9,883 Binance Coins (BNB), worth around $3.01 million. The total estimated loss from these transactions amounts to around $342,000.
<a href="https://u.today/blackrock-ceo-says-bitcoin-is-new-gold">card</a>After swapping its positions, the whale acquired a massive load of PEPE tokens alongside 227 Ether (ETH), valued at about $424,000. This substantial investment has boosted the whale's total PEPE holdings to 3.94 trillion tokens, estimated to be worth $6.45 million.
According to CoinGecko <a href="https://www.coingecko.com/en/coins/pepe">data</a>, PEPE is currently trading at $0.00000172, with a total market capitalization of over $722 million and a 24-hour trading volume of approximately $140 million.
PEPE is still down more than 60% from the all-time high that was achieved in early May.

Pepe (PEPE) Whale Withdraws Trillions of Tokens From Binance

U_Today

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