Meme coin Pepe (PEPE) recorded its largest single-day exchange outflow since November 2024, with 4.54 trillion tokens leaving trading platforms. This withdrawal marks the biggest net exchange outflow since November 14, 2024, signaling that holders are moving supply away from exchanges to reduce the risk of rapid selling. Nansen data shows the top 100 PEPE addresses grew their holdings by 6.07% over 30 days, while Smart Money positions surged by 307%. PEPE currently trades roughly 90% below its December 2024 record high, with modest gains of 4.9% over one month.
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