According to @EmberCN, a PEPE whale might be selling PEPE to acquire ETH. Two hours ago, this whale transferred 1.1 trillion PEPE tokens (worth $14.24M) to Binance and withdrew 1210 ETH (worth $4.1M). The PEPE tokens were initially withdrawn from Binance at the end of May at a price of approximately $0.00001374, resulting in an estimated 10% loss upon sale.