PeckShieldAlert monitoring has uncovered a massive transaction: a transfer of 418 billion PEPE - which is roughly equivalent to $488,000 - to Binance Earn from PEPE secure multi-signature addresses. Prior to this, the team had destroyed a staggering 6.9 trillion PEPE tokens, equivalent to about $5.83 million, on October 24. This move led to a roughly 30% increase in the price of the cryptocurrency.
In spite of these vast transactions and burn, the team still retains a significant amount of PEPE in its possessions, with a holding of around 3.21 trillion PEPE, approximately valued at $3.88 million.
