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.

According to The Data Nerd, whale address 0x6ea deposited 609 billion PEPE tokens, valued at approximately $6.43 million, into Binance just one hour ago. The whale still holds 1.21 trillion PEPE tokens worth about $12.77 million. Large-scale deposits like this typically increase short-term market liquidity and can signal impending sell pressure, which is relevant for active PEPE traders and could influence PEPE price volatility on major exchanges like Binance (Source: The Data Nerd via Twitter).

According to Cas Abbé (@cas_abbe), PEPE has emerged as the memecoin with the highest mindshare in the current crypto market, potentially setting up for a rally similar to DOGE's explosive 2021 performance. Cas Abbé highlights five concrete trading reasons for monitoring PEPE: 1) rapid growth in trading volume and liquidity, 2) increased mainstream attention and social media traction, 3) notable wallet accumulation by large holders, 4) strong community-driven momentum, and 5) favorable technical setup on major exchanges. For traders, PEPE offers high volatility and liquidity, making it a potential entry point for short-term gains. The analysis excludes other altcoins like SOL, BNB, XRP, and SUI, focusing on PEPE's unique memecoin appeal and trading opportunities (Source: Cas Abbé on Twitter, May 18, 2025).