$PEPE the Meme Dragon Finally Listed on Robinhood and Coinbase, Prominent Whales Position to Take Profits

In a notable milestone for $PEPE, both Robinhood and Coinbase recently added the meme coin to their platforms, prompting a 46% surge in its value

After months of anticipation, meme coin $PEPE has finally made its way to both Robinhood and Coinbase. The recent listing has spurred a 46% increase in the token's value, bringing its current price to $0.00001884.

This development has also sparked intense trading activity and a wave of large-scale fund transfers on exchanges. Here's a breakdown of some recent substantial on-chain movements:

- Market Maker Wintermute's Withdrawal: In the past hour, market maker Wintermute has withdrawn roughly 840.5 billion PEPE, valued at $15.76 million, from exchanges including Binance, KuCoin, Kraken, and OKX.

- “PEPE Band Winning Rate 100% Whale”: Just 15 minutes ago, this high-performing whale moved 122 million PEPE (around $1.65 million) to Binance. If they sell, the transaction could yield a profit of $390,000, while their remaining holdings show an unrealized gain of $3.278 million.

- Big Pepe Whale Holder Positions To Take Profits

Meanwhile, a prominent whale that initially bought 2.02 trillion PEPE ten months ago at an average price of $0.000001313 is also positioning for potential sales. This investor transferred 500 billion tokens (valued at $11.17 million) to Coinbase within the past hour. A full sale could lock in profits of $10.52 million.

The whale's remaining PEPE holdings still show an unrealized gain of $35.26 million, indicating a remarkable return rate of 1811%.

As major players secure profits, the scene is set for further volatility in $PEPE trading. With smart money beginning to offload, the market is watching closely for the next potential moves in this rapidly evolving landscape.

This article is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making any cryptocurrency or service-related investments.

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