PEPE

Epic

The PEPE

Trillion

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  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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<p lang="en-GB" xml:lang="en-GB">Popular blockchain tracker Whale Alert, which monitors large crypto transfers, has detected a mind-blowing cryptocurrency transaction that moved $83,250,000 worth of <a href="https://u.today/whale-loses-35-million-on-pepe-whats-happened" rel="noopener noreferrer nofollow">meme coin PEPE</a>. The meme coins were transferred from the Bybit exchange – the fourth largest cryptocurrency trading platform by volume.</p>
<p lang="en-GB" xml:lang="en-GB">This huge transaction has coincided with an impressive PEPE price increase that has taken place in the last 24 hours.</p>
<h2 id="trillions-of-pepe-leave-bybit-while-pepe-price-soars">Trillions of PEPE leave Bybit, while PEPE price soars</h2>
<p lang="en-GB" xml:lang="en-GB">The aforementioned cryptocurrency tracker shared that Bybit saw 9,000,000,000,000 PEPE almost two hours ago, worth almost $90 million.</p>
<blockquote>
 <p lang="en" dir="ltr">🚨 🚨 🚨 🚨 9,000,000,000,000 <a href="https://twitter.com/hashtag/PEPE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PEPE</a> (83,250,000 USD) transferred from <a href="https://twitter.com/hashtag/Bybit?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bybit</a> to unknown wallet<a href="https://t.co/owiqZqhmQv" rel="noopener noreferrer nofollow">https://t.co/owiqZqhmQv</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1810583624221073725?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 9, 2024</a>
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<p lang="en-GB" xml:lang="en-GB">The community went abuzz about this tremendous of PEPE changing hands unexpectedly. The PEPE community took this to be a bullish sign, as if an anonymous whale was making a purchase. However, some users suggested that this was just a transfer between two Bybit blockchain wallets – from a hot wallet to a cold storage one.</p>
<p lang="en-GB" xml:lang="en-GB">In the meantime, in the last 24 hours, PEPE has seen a major price surge, going up by almost 16%. At the time of this writing, popular meme coin PEPE is changing hands at $0.00000929.</p>
<h2 id="pepe-forms-double-bottom">PEPE forms Double Bottom</h2>
<p lang="en-GB" xml:lang="en-GB">Prior to that, PEPE plummeted by more than 18% between Saturday and Monday. Overall, from Monday to Friday, this prominent cryptocurrency asset went down by 36.44% as the PEPE price followed the massive Bitcoin decline, which happened during exactly the same period of time last week.</p>
<p lang="en-GB" xml:lang="en-GB">Between July 5 and 8, PEPE demonstrated <a href="https://www.tradingview.com/chart/3lWxXcMJ/?symbol=BINANCE%3APEPEUSDT" rel="noopener noreferrer nofollow">a reversal Double Bottom</a> pattern on the chart. If this pattern validates, PEPE might be in for a major rise or even enter an upward trend.</p>
<p lang="en-GB" xml:lang="en-GB">As reported by U.Today, on July 2, an anonymous whale <a href="https://u.today/128-trillion-pepe-exits-binance-in-epic-whale-shift" rel="noopener noreferrer nofollow">transferred 1,286,733,285,955 PEPE</a> from the Binance exchange. That amount of meme coins was valued at approximately $14,745,963. However, that mammoth transfer proved to be an internal Binance transaction.</p>

Epic 9 Trillion PEPE Leave Top Exchange – What's Happening?

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