According to Odaily Planet Daily, according to Lookonchain monitoring, after the market fell, multiple addresses showed abnormal movements on the chain:

1. qianbaidu.eth (0 x 831...bB 42) withdrew 657.8 billion PEPE (approximately $4.44 million) from Binance and deposited 8.67 million USDC to Hyperliquid to buy HYPE. The address also bought 140,145 HYPE (approximately $5.5 million) and went long on both BTC and HYPE.

2. A whale (0 x 2 bf...a 17 e) spent 4.97 million USDT to buy 600.88 billion PEPE.