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On-chain activity tracked on October 30 by The Data Nerd and cited by COINOTAG News shows that a new wallet address, 0xdd2, moved 281 billion PEPE tokens from Binance to its own address, an on-chain transfer valued at approximately $2.03 million.
Analysts note that such large off-exchange movements may reflect liquidity reallocation or wallet consolidation. While this transaction does not imply immediate price action, market participants should monitor subsequent activity tied to PEPE token flows and exchanges for signs of distribution or accumulation, as part of prudent risk management in the current crypto landscape.
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