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).