PEPE Exchange Outflows Hit 2-Year High as Whales Boost Holdings by 6%

According to Santiment, 4.54 trillion PEPE tokens flowed out of exchanges today (August 6), marking the largest single-day withdrawal since November 14, 2024. The outflow signals that holders are moving supply away from trading platforms, reducing the risk of sudden selloffs.

Chain data from Nansen shows the trend is accompanied by whale accumulation. The top 100 PEPE addresses increased their holdings by 6.07% over the past 30 days, now controlling approximately 85.97 trillion tokens. Smart Money holdings surged 307% during the same period, suggesting supply is shifting toward longer-term holders.