2.6 Trillion PEPE Shifts From Major Crypto Exchange, Price Dips 5%

Attention all investors and analysts! A whopping 2.6 trillion PEPE tokens, valued at $21,108,992, have been transferred from KuCoin to an unknown wallet. This move follows significant outflows from the exchange, contributing to a 20% drop in assets under management (AUM) amidst regulatory challenges.

Similar substantial transfers have been observed with Shiba Inu, indicating a broader trend in the market. As a result, PEPE's price has dipped by 5% in the last 24 hours, currently trading at $0.000007757.

The crypto market, already navigating through fluctuations, now reacts to news from KuCoin and Coinbase. PEPE, although consolidating, has retraced 28% from its recent all-time high.

Stay tuned for more updates as the market continues to respond to regulatory developments and economic indicators.

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