A major development has emerged in the cryptocurrency market as Ceffu, Binance‘s institutional custody service, executed a substantial transfer of about 1.28 trillion Pepe (PEPE) coins to Binance. This transaction, monitored by Arkham, occurred recently and carries an estimated value of $11.49 million. The move has sparked renewed interest and debate over the PEPE coin’s market position and Binance’s approach toward its assets. Ceffu serves as a key asset custody solution for Binance’s institutional clientele. In cryptocurrency trading, significant transfers often attract attention and can lead to price volatility.
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