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Whale is Attacking PEPE Coin Again: Made Another Big Purchase! - Koin Bulletin
According to the crypto analysis platform Lookonchain, a crypto whale has purchased 500 billion PEPE tokens for (4.36 million dollars) and currently holds a total of 2 trillion PEPE tokens worth (17.42 million dollars).
Wealthy investors who make significant moves in the cryptocurrency markets are being closely monitored. The Lookonchain platform, which tracks crypto asset movements, recently reported that a major investor made a significant purchase of the PEPE meme coin. According to the report, the whale in question expanded its portfolio by buying out 500 billion PEPE tokens from the market.
This purchase appears to be a continuation of previous transactions made by the same investor. In Lookonchain's post dated April 30, it was noted that a whale with a total of 147 million dollars worth of assets withdrew 1.5 trillion PEPE (13.3 million dollars) from the Binance exchange about 8 hours ago.
Interest in PEPE investors is increasing
With the latest purchase, the total amount of PEPE held by the investor has reached 2 trillion tokens, valued at 17.42 million dollars at current prices. Such large purchases indicate that the popularity of meme coins and the interest of big investors continue.
According to the reports of crypto analysis platforms, the movements of large investors are often considered as guiding indicators in the market. The buying or selling actions of whales can significantly impact the price of the related cryptocurrency. Therefore, PEPE token investors view such large purchases as a positive development.