PEPE rebounds 12% as whale buys 45 billion tokens after Binance hacker sell-off

PEPE , the popular meme coin, is seeing renewed interest from large holders and traders after experiencing significant volatility tied to recent market events. The token rebounded to $0.00000511, gaining 12% over the previous 24 hours, as notable traders and whale wallets moved to accumulate more tokens following a heavy sell-off linked to a hacking incident involving Binance. On-chain analytics firm Lookonchain reported a major transaction involving the trader dimethyltryptamine.eth, who purchased approximately 45.08 billion PEPE, valued at $206,500. This buying activity occurred shortly after the Binance hacker completed selling off their PEPE holdings, which had triggered a sharp price decline earlier in the day.

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