Monitoring on September 26 showed that in the past hour, a newly created address made large withdrawals from multiple cryptocurrency exchanges. Among them, the address withdrew 121.7 billion PEPE from Binance, worth about $1.06 million; at the same time, it withdrew 421.74 billion MOG from Bybit, worth about $599,000.

Such large transfers usually attract market attention, especially in a market environment with low liquidity or high volatility. Large-scale withdrawals may indicate that holders have clear expectations for future trends. This move may be for more flexible over-the-counter transactions or liquidity operations on DeFi platforms.

Investors should pay close attention to subsequent fund flows and whether these tokens will affect short-term price fluctuations in the market.

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