Happycoin.club - A major cryptocurrency whale withdrew over 1 trillion Pepe Meme Tokens (PEPE) from the Binance exchange during a bullish rally.
Spot On Chain employees reported that from May 22 to May 24, a wealthy trader sent 1.323 trillion Pepe worth about $21.8 million at the current rate to his crypto wallet. If we assume that the moneybag bought assets at the price at the time of withdrawal from the trading platform, then these transactions brought him an unrealized profit of 21%.
The PEPE rate began to be pumped on May 20, and within a week it increased by 84%. Today, the price of the asset reached a historical high at $0.0000168 and began to correct. However, the fact that the whale continues to store tokens in his wallet indicates his confidence in the continuation of the upward trend in the market.
Currently, Pepe’s capitalization level is $6.96 billion. If the “frog” cryptocurrency rises in price by at least another 0.57%, it will become the third meme token after Dogecoin (DOGE) and Shiba Inu (SHIB), which managed to reach a capitalization level of $7 billion
