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PEPE Whale Moves ₿500B from Binance in 30 Minutes
A fresh wallet withdrew 500.6B PEPE (~$5.2M) from Binance in just 30 minutes—signaling potential bullish intent and reduced sell pressure.
News
- Over 500.6 billion PEPE (~$5.2M) moved off Binance in 30 minutes.
- Newly-created wallet suggests accumulation or strategic repositioning.
- Could reduce sell pressure and spark short-term PEPE volatility.
Massive PEPE Withdrawal: Bullish Signal or Tactical Play?
According to on-chain analytics firm Arkham Intelligence (via Lookonchain), a newly created wallet withdrew a staggering 500.6 billion PEPE tokens, worth roughly $5.2 million, from Binance within a 30‑minute window on June 17, 2025 . Such substantial outflows often hint at bullish accumulation, reduced exchange inventory, and potentially higher price pressure ahead.
Why Large PEPE Outflows Matter
- Lower Exchange Liquidity: Pulling tokens off Binance removes potential sell-side supply, possibly supporting upward price movement if demand holds steady.
- Whale Intent: The withdrawal by a newly created wallet suggests strategic positioning—likely accumulation, HODLing, or preparing for an OTC transaction.
- Volatility Signals: These large moves often precede sharp price swings, as traders react to dwindling available liquidity on exchanges .
What Traders Should Monitor
- PEPE Order Books: A thinner sell-side could lead to rapid spikes if buyers return. Keep an eye on PEPE/USDT and PEPE/BTC pairs on Binance and other major exchanges.
- On‑chain Data: Watch incoming/outgoing flows annotated by analytics platforms such as Arkham Intelligence or Lookonchain.
- Price Action and RSI: Rising prices alongside bullish momentum indicators could affirm accumulation. Conversely, dampened momentum might signal waiting whales or rotate market flows.
Risks & Considerations
- Potential Dump: If the wallet moves funds to another exchange or sells OTC, it could unleash unexpected sell pressure.
- Meme Coin Volatility: PEPE remains highly speculative; swift swings in either direction are common.
Final Take
This $5.2M withdrawal of 500.6B PEPE from Binance suggests significant whale interest. While it could flag bullish intentions, traders should stay alert to follow-up moves—especially additional transfers or offshore transactions. Combining on‑chain tracking with technical analysis is key to navigating PEPE’s high‑risk, high‑reward landscape.
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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
