A recent analysis by LookIntoChain has identified an enormous PEPE token transfer, involving the movement of 515.5 billion tokens by a whale to Binance. This transaction was executed through four separate wallets.
Such large-scale movements by whales can significantly influence the market, affecting both the price and volatility of the PEPE cryptocurrency. Traders and investors are keenly observing how this development will impact the token's performance on exchanges.
This kind of activity underscores the influence that major holders, known as whales, have in the cryptocurrency market, often leading to significant price fluctuations.
