Whale deposits 366.9B PEPE worth $1.64M to Coinbase, sparking sell-off speculation
- —Whale moved 366.9B PEPE to Coinbase, valued at roughly $1.64M
- —The data comes from on-chain analytics platform OnchainLens
- —PEPE rose 4.32% on Binance spot on Oct. 27, liquidating $240K in shorts
- —Other data showed PEPE down 10.68% over the same 24-hour period
Why it matters: Large exchange deposits often precede selling, and for a meme coin that can sharply amplify volatility.
Source: Blockmedia