In the shadowed corridors of the crypto abyss, a figure loomedâa whale, silent, patient, and perhaps just slightly mischievous. After two years of clandestine silence, he reemergedâa specter in the digital nightâdrawing forth from Binance a staggering treasury of over 2 trillion PEPE tokens, as if mocking the very notion of security and certainty in this chaotic realm.
Ah, the spectacle! A frantic dance of numbers that confound the wise and amuse the fools. This unexpected act, like the sudden appearance of a rusted dagger in a dark alley, has stirred the marketâs sluggish soul, pushing prices upward, stirring the stagnant waters of trading volumesâah, the grand irony!
PEPE’s Frenzy: Whale Tosses $29 Million Tokens Into the Abyss of Binance
On the day of May 17, the digital seer Lookonchain declaredâyes, itâs trueâthe whales are no longer sleeping. With a flourish of digital finesse, one such leviathan withdrew 1.79 trillion PEPE tokensâa modest sum of $22.23 millionâfrom Binance into a newly born wallet, as if born from the very chaos of the market.
But wait, the comedy did not end! Just a day later, the same shadowy figureâprobably chuckling darklyâclaimed another 420 billion PEPE tokens, worth roughly $5.39 million. As if saying, âYou thought it was over? Ha-ha, I’ve just begun!â

In total, this cunning creature withdrew a staggering 2.21 trillion PEPE tokensâthink of it!âvalued at $29 million, during a mere 24-hour frenzy. Itâs like a magician pulling endless rabbitsâor in this case, tokensâout of his digital hat just to see the crowd gasp.
Market spectators, those eternal voyeurs, whisper that Binanceâs PEPE reserves have diminished by about 2%, as if losing a part of its soul. Meanwhile, the tokens now rest in cold, self-custody walletsâthe digital equivalent of hiding treasures in secret, dusty chestsâan act of confidence, or perhaps just a bit of reckless bravado.
And yet, with this spectacle of withdrawal and accumulation, PEPEâs price soaredâoh, the irony!âclimbing over 10% in a single day, now trading at $0.00001345. An 87.5% gain last month alone, as if the market itself has lost its mind, or simply decided to indulge in manic optimism.
This frenzy rippled across the markets. Short sellers, those pathetic fools betting against the coin, got liquidated to the tune of $2 millionâoh, the sweet taste of losses!âwhile long traders lost nearly a million more. The chaos continues: PEPE futures open interest skyrocketed 15%, to over half a billion dollarsâa figure reached only in the fevered dreams of January.

This latest spectacle, orchestrated by a single shadowy investor, seals PEPEâs reputation as a titan among meme coins. Or perhaps just a clown in the carnival of chaosâwho knows? In any case, the market watches with bated breath, caught between fascination and despair. Ah, what a lovely madhouse weâve created! đ
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2025-05-18 19:33