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PEPE price falls despite $206K whale buy after Binance hacker dump

PEPE price falls despite $206K whale buy after Binance hacker dump
AI summary

PEPE's price dropped after the hacker behind the Binance breach reportedly sold $31.66 million worth of tokens, adding heavy sell pressure to the meme coin. A large whale bought 45.08 billion PEPE amid the volatility, but that $206K purchase was not enough to offset the dump. Traders are watching whether the hacker-linked supply keeps hitting the market and whether whale accumulation can absorb it.

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