In PEPE, one of the coins that increased the most in the meme coin craze of 2024, a whale moved 1.2 trillion tokens worth approximately $11 million to the Binance exchange. It is not unnoticed that PEPE experienced a 2% decrease while many coins increased today.

According to the information provided by Whale Alert, this whale still has 208 billion PEPE in its possession. The value of these tokens is approximately $1.9 million…

This investor also has many cryptocurrencies such as Fantom, Shiba Inu and Worldcoin.

Trillions of tokens were stolen

PEPE, which emerged in April 2023, attracted great attention from the cryptocurrency world. While particularly sharp increases made PEPE more known over time, there was an internal theft in the project.

In August 2023, some of the team members stole 16 trillion tokens from the main wallet. After this theft, PEPE fell by 25% in minutes.

However, experts claim that this situation makes PEPE a more decentralized token with community control. PEPE was one of the cryptocurrencies that gained the most value with an increase of more than 10 times in the upward movement it started last year.