$PEPE
PEPE Whale Movements: Huge Accumulation and Withdrawals from Platforms!🌊🐸
If you need 4 dollars, go to the first pinned post on my account and congratulations to you🧿📊 What is really happening? A wallet that was inactive for two years came back to life and withdrew 2.21 trillion PEPE worth approximately 29 million dollars from the Binance platform within 24 hours, through two large transactions: 1.79 trillion + 420 billion.
During the same period, another whale sold 600 billion PEPE on Binance for 6.04 million dollars, with a loss estimated at around 3.5 million dollars due to the price drop.
🔍 What do these movements mean?
Decrease in supply on platforms: Withdrawing such a large amount of PEPE immediately reduces the liquidity available for trading, which may later lead to upward pressure on the price if demand increases.
Long-term accumulation: Whales that withdraw their coins from exchanges typically do not plan for immediate sales, but rather hold in anticipation of future movements.
Temporary fluctuations: Selling large quantities like 600 billion PEPE may temporarily pressure the price, but it does not negate the larger picture indicating wide accumulation.
📈 Future Expectations
Short-term: Selling pressure and volatility may continue due to reactions from small traders to these movements.
Medium-term: Ongoing accumulation and withdrawals from platforms enhance the likelihood of a strong price recovery when the market stabilizes.
Long-term: If the PEPE community continues to grow, with broader adoption or a return of the meme coin season
#PEPE