Millions of dollars worth of the #pepe meme coin flooded crypto exchanges Thursday, spooking investors who drove its price down and drawing attention to spooky action in the project's multisig, among the single-largest holders of the joke #cryptocurrency .
Over 16 trillion tokens flowed out of the PEPE multisig wallet midday Thursday on its way to addresses associated with #Binance , OXK, and Bybit. That action came shortly after on-chain sleuths noted troubling changes to the oversight of how that vault-like wallet handles transaction approvals. #crypto2023 $PEPE
