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

Picture: crypto.news

PEPE price has fallen toward $0.0000049 on October 30 after the attacker behind the Binance hack reportedly sold 7.77 trillion tokens worth nearly $31.66 million, adding pressure to an already volatile cryptocurrency market. PEPE price traded near $0.0000049 on October 30 after a volatile session that took the token as low as $0.0000044. Lookonchain reported that the Binance attacker sold 7.77 trillion PEPE worth approximately $31.66 million. A trader known for an early PEPE investment reportedly bought another 45.08 billion tokens after the sale. PEPE futures volume climbed as open interest fell, showing traders reducing outstanding leveraged positions.

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