Crypto Whale Activity Hints at Altcoin Sell-Off

Recent onchain activity reveals a significant movement of altcoins by large crypto investors, suggesting a potential sell-off. Crypto whales are increasingly shifting holdings onto centralized exchanges like Binance. For example, one prominent Pepe (PEPE) whale initiated the first significant transaction, moving 1 trillion PEPE tokens valued at $11.65 million to Binance after a period of holding. A parallel pattern was observed with four linked wallets transferring 356,000 LINK tokens worth approximately $4 million to Binance in the past 24 hours, showing potentially similar market sentiment.