PEPE just saw its biggest exchange exodus in nearly two years Some 4.54 trillion $PEPE left exchanges in a single day, @pepecoineth's largest net outflow since November 2024, per Santiment data. Fewer coins sitting on trading platforms means less supply primed for quick selling, and bulls read that as tokens moving to stronger hands. The frog has mostly chopped sideways for two months with no real project catalyst, though it's still up around 6% on the week at a $1.18B market cap. A pure-meme ETF filing from earlier this year also has a decision window expected later in 2026.