*PEPE Wallet capitulates and deposits 700 billion $PEPE on Binance*
A PEPE whale just deposited $700 billion ($7.8 million) on Binance 5 hours ago. This major move suggests a capitulation on the part of the whale, reflecting a major liquidation.👉
Historically, when whales begin moving large amounts of a cryptocurrency onto exchanges, it is an indication that they are preparing to sell. This sell-off can generate considerable bearish pressure, causing prices to fall rapidly. In the case of PEPE, a coin that has experienced high volatility, this move may be a sign that a significant drop is coming. The impact of this capitulation will be reflected in the next market movements. If the sell-off materializes, we can expect a drastic drop in the price of PEPE. This situation can be devastating for small investors who bought the currency at high prices, hoping that its value will continue to increase.
The recent capitulation of a PEPE whale and its massive deposit on Binance is a worrying sign for PEPE investors. This action suggests that even big market players are losing confidence in the currency. For investors, it is crucial to stay informed and cautious in their investment decisions.
Prospect of a Big Liquidation
This move reflects a major PEPE sell-off on the horizon. The logic remains the same: whales wait for the price to rise and then collapse. The imminent fall of PEPE has already been shown by the whales. . PEPE's trend is clearly downwards.
