PepeCoin

<ul><li>A crypto whale moved 400B PEPE tokens to Binance, signalling profit-taking amid bearish trends.</li><li>PEPE&#39;s price is down 5.16%, but trading volume surged 37.60%, highlighting increased market activity.</li><li>The daily technical indicators show PEPE in neutral territory, with the MACD indicating potential consolidation.</li></ul>Pepe, a popular meme-based cryptocurrency, has seen a significant transaction amidst the current market downturn. A major player transferred an impressive 400 billion PEPE tokens to the Binance exchange. According to Lookonchain, an on-chain analytics firm, this transaction, valued at $4.22 million, appears to be a strategic decision to book partial profits amidst the prevailing bearish sentiment.This substantial move follows the recent breakdown of a critical support level at $0.00001075, reflecting a strategic response to shifting market conditions.Previously, on March 1, the same whale withdrew 795.92 billion PEPE tokens, worth $2.55 million, from Binance. Despite this recent deposit, the whale still holds a significant 395.93 billion PEPE, valued at $4.18 million.Before the massive transfer, the whale’s unrealized profit was approximately $5.85 million, which equates to a notable 230% return on investment. This move underscores the whale&#39;s attempt to capitalize on market volatility and secure gains amid the downturn.<a href="https://cryptotale.org/whale-transfers-4-22-million-in-pepe-tokens-amid-downturn/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Whale Transfers $4.22 Million in PEPE Tokens Amid Downturn

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