❗Massive 9 Trillion PEPE Exit from Top Exchange – What's Going On?
A notable transaction of 9 trillion PEPE ($83.25 million) was detected, transferred from Bybit, the fourth largest cryptocurrency trading platform by volume, to an unknown wallet.
This substantial movement has sparked speculation within the PEPE community, with some viewing it as a bullish sign of an anonymous whale purchase, while others suggest it might simply be an internal transfer between Bybit's hot and cold wallets.
Over the last 24 hours, PEPE has experienced a significant price increase of almost 16%, currently trading around $0.00000929. This follows a previous 18% decline between Saturday and Monday, and an overall drop of 36.44% last week, coinciding with Bitcoin's decline.
Recently, PEPE formed a Double Bottom pattern, indicating a potential major rise or an upward trend.
Always DYOR
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