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Whale Shifts 400 Billion Tokens to Binance: PEPE Price Plunge Ahead? Cryptonews 02 Aug 2024

Whale Shifts 400 Billion Tokens to Binance: PEPE Price Plunge Ahead? 🐋

Over the past 24 hours, the price of PEPE has plunged by 5.11% amid a broader market decline. Meme coins, in general, have seen an average drop of 4.01%. A significant factor in this downturn was a substantial whale transfer involving 400 billion PEPE tokens on August 1st, valued at $4.22 million. This large transaction has notably caused a stir among investors, contributing to the price drop.

Source: cryptonews.com ↗

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