On Monday, a Pepe coin whale sold over 1 trillion $PEPE to the Binance crypto exchange. The recent data on the blockchain has raised concerns about the frog meme coin’s bearish period.
The updates of October 28th on Whale Alert has shown that the holder moved 1.27 trillion coins which hold a value of $11.51 million to Binance
Within the past 24 hours, the price of PEPE has dropped by 2% while the weekly analysis shows a drop of 10%.
Cryptocurrency enthusiasts are speculating over the future of the Pepe coin in the recent events of the meme coin news.
Source: https://www.cryptopolitan.com/pepe-coin-whale-offloaded-over-1-trillion-pepe-to-binance-exchange/