🐳 Are there signs of whales escaping PEPE after the huge pump?
🔹 According to Lookonchain, one wallet withdrew 1.03T PEPE tokens (worth 2.76 million USD) from Binance before the price of $PEPE increased.
🔹 This wallet earned an unrealized profit of 1.34 million USD (+95.3%) in less than 3 days.
🔹 This wallet was inactive for over 650 days before withdrawing PEPE from Binance. This raises speculation that this is a smart trader or actually an insider who has some mysterious information related to PEPE?
🔹 PEPE adjusting after increasing by x3 from the base price is quite understandable. However, the simultaneous growth of a series of memecoins such as DOGE, SHIB, and BONK is not necessarily a good sign.