PEPE multi-signature wallet has changed its threshold from 5/8 to only 2/8. This means that it no longer requires five out of eight wallets to sign a transaction, but only two out of eight wallets. At the same time, as of noon New York time, over 16 trillion tokens have flowed out of the PEPE multi-signature wallet and into addresses related to Binance, OXK, and Bybit. With these actions exposed, PEPE fell by about 12%.
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PEPE multi-signature wallet rules changed from 5/8 to 2/8, over 16 trillion tokens flowed out from PEPE multi-signature wallet
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