💥💥 Exciting Developments for PEPE as Whales Accumulate Amid 17% Price Surge 💥💥

The crypto market is buzzing with news surrounding PEPE, the popular meme coin, as its price has surged by 17% today.

Data from LookOnChain reveals that three major whales have collectively withdrawn approximately 835.6 billion PEPE tokens worth around $7.94 million from Binance in the past hour.

The largest transfer came from a wallet ending in “51Cc,” which withdrew 535.81 billion PEPE tokens (about $5.09 million) from Binance. A second whale followed with a withdrawal of 163.37 billion PEPE, valued at $1.44 million, while a third whale moved 135.45 billion PEPE (approximately $1.3 million).

In the crypto space, substantial withdrawals from exchanges by large holders, or “whales,” often signal that they intend to hold rather than sell, which could reduce market selling pressure and potentially benefit current PEPE holders.

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