Institutional Whale Moves $63.7M in ETH and PEPE from Ceffu to Binance, Raising Market Volatility Concerns

A major crypto whale, previously noted for a $6.86 million PEPE profit, has triggered further market attention by offloading large amounts of Ethereum (ETH). Most recently, a significant institutional transfer was recorded from Ceffu, Binance’s institutional crypto custody platform, to the Binance exchange. The transfer involved 23,075 ETH and 541.1 billion PEPE tokens, valued at over $63.7 million. Such transfers from custody to exchange wallets often signal upcoming trading activity, strategic adjustments, or potential large-scale sell orders, all of which could impact liquidity and price volatility. While these movements frequently spark speculation about imminent selling, they may also relate to market making, over-the-counter transactions, or portfolio rebalancing strategies. The activity highlights a growing trend among institutions to diversify by holding both blue-chip digital assets like ETH and high-risk tokens such as PEPE. Traders should be alert to increased volatility or price shifts in the involved assets, though direct and immediate impact cannot be guaranteed without confirmation of the transfer’s intent.