According to Lookonchain, a major whale has withdrawn an additional 420 billion PEPE tokens (valued at $5.39 million) from Binance just 5 hours ago, bringing the total PEPE withdrawn by this address in the past 2 days to 2.21 trillion tokens ($29.28 million). This scale of accumulation suggests strong bullish sentiment among large holders, raising the possibility of reduced selling pressure on exchanges and potential for upward price movement in the short term. Traders should closely monitor PEPE liquidity and whale activity, as such on-chain movements historically influence volatility and can signal momentum shifts in the meme coin market (Source: x.com/lookonchain/status/1924084701637279756).