PEPE Whales Load Up Amid Historic Exchange Outflow

PEPE exchange outflows have reached nearly a two-year high, with over 4.54 trillion tokens leaving trading platforms in one day.

This marks the largest net exchange outflow since November 14, 2024, according to on-chain analytics firm Santiment.

The withdrawal is significant because it reduces the supply of PEPE available for immediate selling, which can ease short-term selling pressure across the market.

However, investors may move tokens for reasons beyond long-term accumulation, and exchange outflows do not guarantee a price rally.

Large holders have been increasing their positions in PEPE over the past 30 days, with top holders growing their holdings by 6.07%.