Recently, a whale with the Ethereum address qianbaidu.eth transferred 595 billion PEPE tokens to Binance, capturing the attention of traders and analysts.
Token Transfer and Losses
The whale transferred 595 billion PEPE tokens valued at approximately $6.1 million, incurring a loss of about $3.48 million. This transaction took place on June 16, 2025.
Market Impact and Volatility
The whale's transfer of PEPE tokens triggered an 18% increase in trading volumes. Analysts noted that this deposit increased liquidity on Binance, with significant activity in the PEPE/USDT and PEPE/BTC trading pairs.
Future Market Trends
The PEPE token transfer may initiate short-term volatility that attracts speculative trading. Analysts continue to monitor additional whale activities and the market absorption of this liquidity.
The transfer of 595 billion PEPE tokens to Binance represents a significant market event. Analysts are watching for further whale actions and potential price dynamics.
