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$PEPE The main reason for this delay is still the heavy weight of the vehicle
After 8 months, the whale 0x2Dc8 withdrew another 800B PEPE worth $3.08M from Coinbase Prime.
8 months ago, the whale 0x2Dc8 withdrew 600B PEPE (worth $7.32 million at the time), now it has a loss of $5.04 million.
This PEPE coin is not only popular among retail investors, but whales also like to hold large positions, which has led to the current situation where PEPE is neither rising nor falling significantly. When it does go up a little, someone sells off, and there are too many trapped orders above. Usually, the upward trend occurs near the end of a phase.