It's intriguing to observe the actions of this multisign wallet, especially considering its recent deposit of all 1.238 trillion PEPE tokens, equivalent to $10.6 million, to Binance, which coincided with a significant drop in price by approximately 5.2%.
What's particularly noteworthy is the brief period of time the whale held onto these PEPE tokens — just 3 days. If the whale indeed decided to sell at this moment, they would only realize a modest profit of $134K, representing a mere 1.28% gain.
The abrupt nature of this move prompts speculation about whether the whale possessed some insight or foresaw developments that led them to adopt a bearish stance on PEPE.
However, without further information, it remains uncertain whether their actions were driven by specific knowledge or other factors.
Address: 👇
0x1a2e64b8a1977bf018850b377020bc33eaaac3c9