According to Lookonchain, a newly created wallet withdrew 500.6 billion PEPE tokens, valued at $5.2 million, from Binance within the last 30 minutes (source: Lookonchain, June 17, 2025). This significant outflow suggests a potential intent to hold or use PEPE off-exchange, which could indicate bullish sentiment or preparation for future trading activity. Such large withdrawals often reduce immediate selling pressure on exchanges and may contribute to short-term price stability or upward movement for PEPE. Traders should monitor PEPE liquidity on Binance and other exchanges for possible volatility spikes as a result of this transaction.