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Whales Shift Millions from PEPE to Binance Amid Market Uncertainty

Whales Shift Millions from PEPE to Binance Amid Market Uncertainty

Published:
2025-06-25 06:12:41
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Recent on-chain data has uncovered significant whale activity involving Pepe (PEPE), with a single wallet depositing 600 billion PEPE tokens (approximately $6.1 million) into Binance. This move resulted in a crystallized loss of $3.45 million for the whale, raising eyebrows in the crypto community. The transaction comes at a time when PEPE has seen an 8% gain in the last 24 hours but has been on a broader decline since May 2025, casting doubt on the sustainability of retail investor momentum. Analysts point to two systemic risks behind this sell-off: oversupply concerns and extreme token inflation. As whales appear to be rotating their holdings into Bitcoin and other assets, attention is shifting to new projects like Angry Pepe Fork (APORK), which some speculate could be the next big play in the meme coin space. The market is closely watching whether this whale movement signals a broader trend of capital rotation away from PEPE and what implications it may have for Binance's liquidity and trading volumes.

Whales Move Millions Out of Pepe (PEPE) – Is Angry Pepe Fork (APORK) the New Play?

On-chain data reveals significant whale activity in Pepe (PEPE), with a single wallet depositing 600 billion tokens (~$6.1M) into Binance, crystallizing a $3.45M loss. This movement coincides with PEPE's 8% 24-hour gain but broader decline since May, raising questions about retail momentum.

The sell-off reflects two systemic risks: oversupply concerns and extreme token inflation. As whales rotate into bitcoin and blue-chip altcoins, retail traders are exploring alternatives like Angry Pepe Fork (APORK), a new meme token emphasizing community and sustainability.

PEPE's price action remains heavily correlated with whale transactions, creating volatility that may accelerate the search for more stable meme coin alternatives. The market appears to be testing whether APORK's yield mechanisms—advertising over 10,000% APY for early adopters—can sustain momentum where PEPE has faltered.

Meme Coin Market Shakeup: Angry Pepe Fork Emerges as High-Yield Contender

Major meme coins Pepe Coin (PEPE) and Dogecoin (DOGE) face double-digit declines amid market turbulence, while newcomer Angry Pepe Fork ($APORK) gains attention with its aggressive yield offerings. The project promises APYs exceeding 10,000% through presale staking mechanisms, combining meme virality with CommunityFi incentives and multi-chain ambitions.

Angry Pepe Fork's tiered reward system monetizes community engagement, offering higher earnings for early participants who promote the project. Its roadmap includes GambleFi integrations and expansion across Ethereum, BNB Chain, and Solana—a strategic MOVE mirroring successful platforms like Binance.

Binance Coin Price Prediction: Capitulation Below 600 Sets Stage for Potential 670 Rally

Binance Coin (BNB) has staged a swift rebound above 640 USDT, with short-term indicators suggesting a possible shift in market sentiment. Rising open interest and robust trading volume bolster the case for further upside, contingent on sustained momentum. Traders are now eyeing the 650 USDT resistance level as a critical threshold for determining whether BNB can retest the 660-670 USDT range.

The recent price action reveals a two-part structure: a steady advance to 660 USDT between June 15-17, followed by a pronounced downtrend marked by lower highs and lows. The sell-off on June 22 briefly pushed BNB below 600 USDT—a potential capitulation point—before buyers stepped in. The recovery has been swift, with BNB reclaiming the mid-640s and now testing the 650 USDT resistance zone. Market engagement remains strong, as evidenced by open interest and volume metrics.

Chinese Firm Nano Labs Plans $1 Billion BNB Treasury Purchase, Stock Soars

Nano Labs, a publicly traded blockchain infrastructure company based in China, has announced an ambitious plan to acquire $1 billion worth of BNB, Binance's native cryptocurrency. The firm aims to eventually hold between 5% and 10% of BNB's circulating supply—a position valued at up to $9.4 billion at current prices.

The announcement triggered an immediate market reaction, with Nano's stock price nearly tripling within minutes of opening. Shares surged from $10.89 to $29.18 before settling at $14.85 by market close, still representing a 64.8% daily gain. The treasury strategy will be funded through convertible note sales, marking a significant institutional bet on BNB over traditional crypto heavyweights like Bitcoin or Ethereum.

This move signals growing corporate interest in cryptocurrency treasury strategies, with BNB emerging as an unexpected contender for institutional adoption. The scale of Nano's proposed accumulation—potentially reaching nearly 10% of BNB's total supply—could have lasting implications for the token's liquidity and market dynamics.

Bitcoin Price Rebounds to $106K After Sell-Off, Analysts Eye $110K Resistance

Bitcoin surged back above $106,000 on Monday, recovering from a weekend dip that briefly pushed it below $100,000. The rebound reflects easing geopolitical tensions and sustained institutional demand, underscoring Bitcoin's resilience amid volatility.

The cryptocurrency fell to $98,500 over the weekend—its first drop below six figures in 45 days—as Middle East conflicts rattled markets. By June 24, 2025, it had climbed 5.7% to $106,026, with firm support evident NEAR $102,650. The recovery coincided with a U.S.-brokered Israel-Iran ceasefire, calming global investor sentiment.

Institutional inflows remain robust. Crypto ETPs attracted $1.24 billion last week, $1.1 billion of which flowed into Bitcoin funds. BlackRock's spot Bitcoin ETF (IBIT) spearheaded the momentum, contributing to a year-to-date total exceeding $15.1 billion.

Crypto Hack Hits Binance Smart Chain: CertiK Tracks $2M Exploit

Blockchain security firm CertiK has uncovered a $2 million exploit on Binance Smart Chain (BSC), marking another blow to crypto security in a month already marred by significant losses. The attacker Leveraged a compromised smart contract function, printMoney(), to drain funds from an unverified victim address.

May's crypto crime spree saw $140.1 million vanish through hacks and scams, with phishing attacks accounting for $8.5 million. The latest breach involved a known exploiter address repeatedly calling the vulnerable function after gaining unauthorized access through a victim contract approved hours before the attack.

CertiK's alert highlights the persistent vulnerabilities in decentralized systems, even as the industry grapples with freezing $162 million in suspicious assets. The security firm's rapid detection demonstrates improving surveillance capabilities, though prevention remains elusive against sophisticated attackers.

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