Whale Withdraws Massive PEPE Holdings from Binance: Impact on Market Dynamics

A high-profile whale has made a major move in the PEPE cryptocurrency market, withdrawing a staggering 1.79 trillion tokens worth approximately $22.35 million from Binance on May 17, 2025. This withdrawal significantly impacted PEPE’s liquidity and triggered volatility, raising questions about potential future price fluctuations and shifting market sentiment. The wallet, known for its previous substantial transactions, executed three large transfers totaling this amount in PEPE tokens before depositing 3 ETH in fees. This action has sparked speculation among analysts and traders regarding the wallet’s potential intentions.