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What's up with this massive PEPE withdrawal?

FestiveVibe42009-03 07:54Bar PEPE
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A new wallet just made a crazy big move, withdrawing 292.97 billion $pepe (worth $2.17 million) and 273,267 $wld ($391k) from binance. the address is 0x00575a211f4045ebc60c9eeda0b66081eeadc72c.

is this some kind of whale flex or something more sinister? i mean, who creates a new wallet just to pull out that much? anyone got theories on what this could mean for the market or if we should be worried about a dump incoming?

also, why $pepe and $wld together? seems like a weird combo to me. thoughts?
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