A cryptocurrency whale has transferred 609 billion PEPE tokens, valued at $6.55 million, to Binance exchange. This transaction contributes to the entity’s cumulative deposit of 1.6 trillion PEPE tokens worth $18.1 million.
The series of deposits has resulted in a realized loss of $3.26 million for the whale. Blockchain data indicates the wallet retains holdings of 600 billion PEPE tokens, currently valued at approximately $6.39 million.
This activity highlights significant movement of PEPE tokens amid ongoing market volatility. The whale’s persistent transfers suggest strategic repositioning within the exchange ecosystem despite substantial financial downside.