Whale Withdraws 506 Billion PEPE Tokens Worth $4.4 Million from Binance

A significant cryptocurrency investor, known as qianbaidu.eth, withdrew 506 billion Pepe tokens from Binance on March 26, 2025, valued at approximately $4.4 million. This whale previously profited $7.34 million from trading Pepe.

Key Details

The whale now holds 699.8 billion Pepe worth $5.11 million, with a floating profit of $164,000.
Pepe's market cap peaked at $1.6 billion in 2023 and reached $11 billion in December 2024.
In March 2025, 542 new holders of Pepe emerged, indicating increased interest despite a decline in long-term holders.
Market activity suggests potential future price increases, reminiscent of past spikes driven by internet hype.
Investors are advised to approach the highly volatile meme coin market cautiously.