PEPE Token Declines Over 10% in the Past Week, Major Holder Forced to Liquidate

According to @ai_9684xtpa, the cryptocurrency market has been experiencing a downward trend, with the leading meme token $PEPE dropping over 10% in the past seven days. A major holder with the address 0xf22...a685c has been forced to reduce their holdings. Between May 31 and June 11, this address accumulated 548 billion PEPE tokens at an average price of $0.00001341, valued at $7.35 million. In the past 16 hours, the same address transferred 357.2 billion PEPE tokens to Binance at a price of $0.00001157, valued at $4.14 million, potentially incurring a loss of around $660,000 if sold.