$$PEPE ! ! ! ! Urgent news! ! ! !

! ! ! ! Urgent news! ! ! !

660.7 billion PEPE coins were injected into Binance and PEPE fell 20% from its peak.

According to analysis, a mysterious whale transferred a large amount of PEPE meme coins to Binance today. The move significantly depressed asset prices, causing them to fall another 11% from their recent all-time highs.

The whale transferred almost a billion PEPE to Binance. Specifically, an anonymous cryptocurrency trader sent 660.7 billion PEPE coins to Binance a few hours ago, according to a tweet. This trader bought the tokens a month ago.

After selling PEPE for $9.01 million, the whale made a profit of approximately $4.95 million, achieving a 52% return on investment in less than a month.

Another analyst account, @spotonchain, highlighted that the agreement came after PEPE prices fell 14% in the last 24 hours. They also clarified that the tokens were purchased not only on Binance but also on the leading cryptocurrency exchange MEXC, for a total expenditure of approximately $4.57 million.

Overall, PEPE is now down more than 21% after reaching an all-time high of $0.00001718 on May 27. This all-time high may have been driven by the recent SEC approval of an Ethereum spot ETF. At the time of writing, PEPE is trading at $0.00001374.