THE TRANSFER THAT CAUSED PEPE TO CRASH BY 20%! BREAKING STATEMENT FROM THE FAMOUS ANALYST…
• The reason for the DECLINE on PEPE that started in the early hours of the day was soon revealed!
The $PEPE transfer of over 660 billion to Binance led to a significant drop in the price of PEPE. The transfer of this huge amount caused the value of PEPE to plummet by twenty percent from its recent peaks.
• In this transfer that took place in the early hours, approximately one trillion PEPE was transferred to Binance by a cryptocurrency whale. This move caused the value of PEPE to fall by a further eleven percent from its last high point. Notably, an anonymous investor moved **660.7 billion PEPE tokens** to Binance a few hours ago. The investor in question acquired these tokens a month ago.
The whale in question sold PEPE for $9.01 million, making a profit of approximately $4.95 million. This sale represents a fifty-two percent return on investment in less than a month.
A famous Analyst stated that this situation occurred after the price of PEPE dropped by fourteen percent in the last twenty-four hours. They also stated that these tokens were purchased through both #Binance and #MEXC , making the total spend approximately $4.57 million.
Overall, PEPE is down twenty-one percent since its all-time high of $$0.00001718$$ reached on May 27. This decline was likely driven by the U.S. Securities and Exchange Commission's recent approval of an #SEC Ethereum-based spot exchange-traded fund #ETF . Currently, PEPE is trading at a value of $$0.00001462$.
