Binance hacker dumps 7.77 trillion PEPE for 14,049 ETH, token falls 12.33%
- —7.77 trillion PEPE sold for 14,049 ETH, roughly $31.9 million
- —Average sale price was about $0.0000041 per PEPE
- —PEPE dropped 12.33% following the dump
- —Justin Sun's PEPE profit fell from $18.55 million to $4.45 million
Why it matters: The hacker keeps converting stolen altcoins into ETH, adding selling pressure on token prices and underscoring the scale of the Binance asset liquidation.
Source: PANews