The PEPE token fell 12.33% following a large sale of 7.77 trillion tokens from a Binance hot wallet, suspected to be the work of a hacker. The tokens were exchanged for over $31.9 million in Ether at an average price of about $0.0000041 per PEPE. Another large transfer of 11.8 trillion PEPE tokens by Sun Ge showed unrealized profits shrinking amid the price drop. This incident highlights potential security risks involving Binance's hot wallets and could impact PEPE's market stability going forward.
The PEPE token's recent 12.33% drop follows a large token sale, providing context for crypto market movements. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 30, 2026 07:02 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. Among the notable decliners, ALGO dropped 9.74% to Rp1.706 with a typical hold time of 131 days, BAT fell 9.58% to Rp2.344 with 86% sell order activity, and GRT decreased 9.45% to Rp371 with a typical hold time of 99 days.
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