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MainNewsGiant PEPE W...

Giant PEPE Whales Accumulate 881B+ Coins: What’s Happening?


by CoinEdition
Giant PEPE Whales Accumulate 881B+ Coins: What's Happening?
  • One whale bought 231.6B PEPE worth $2.9M from Kraken today.
  • Nascent and another whale accumulated over 647 billion PEPE from Binance.
  • One investor turned $494K into $5.3M within six months via PEPE.

Prominent crypto investors continue to accumulate the high-performing meme coin PEPE regardless of current market dynamics. The crypto surveillance platform Lookonchain called attention to the latest activity of a whale with wallet initials “0x689d6140.”

According to the update, this whale withdrew 231.6 billion PEPE, valued at over $2.9 million, from the U.S.-based Kraken exchange early today. The move followed a withdrawal of 36 billion PEPE from the exchange two days earlier.

Barbie-Girl-BBG-Banner

Blockchain records reveal that this investor has accumulated PEPE since March, with total outbound transactions from Kraken exceeding 750.34 billion PEPE tokens, worth over $8.34 million. 

Remarkably, this accumulation has continued without any sales during PEPE’s uptrend and subsequent dip. For instance, the whale purchased 123.8 billion PEPE while the meme coin traded at an all-time high in late May. 

Amid significant price corrections, with PEPE’s value dropping by more t…

The post Giant PEPE Whales Accumulate 881B+ Coins: What’s Happening? appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsGiant PEPE W...

Giant PEPE Whales Accumulate 881B+ Coins: What’s Happening?


by CoinEdition
Giant PEPE Whales Accumulate 881B+ Coins: What's Happening?
  • One whale bought 231.6B PEPE worth $2.9M from Kraken today.
  • Nascent and another whale accumulated over 647 billion PEPE from Binance.
  • One investor turned $494K into $5.3M within six months via PEPE.

Prominent crypto investors continue to accumulate the high-performing meme coin PEPE regardless of current market dynamics. The crypto surveillance platform Lookonchain called attention to the latest activity of a whale with wallet initials “0x689d6140.”

According to the update, this whale withdrew 231.6 billion PEPE, valued at over $2.9 million, from the U.S.-based Kraken exchange early today. The move followed a withdrawal of 36 billion PEPE from the exchange two days earlier.

Barbie-Girl-BBG-Banner

Blockchain records reveal that this investor has accumulated PEPE since March, with total outbound transactions from Kraken exceeding 750.34 billion PEPE tokens, worth over $8.34 million. 

Remarkably, this accumulation has continued without any sales during PEPE’s uptrend and subsequent dip. For instance, the whale purchased 123.8 billion PEPE while the meme coin traded at an all-time high in late May. 

Amid significant price corrections, with PEPE’s value dropping by more t…

The post Giant PEPE Whales Accumulate 881B+ Coins: What’s Happening? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

TRUMP and MELANIA See Positive Developments Despite Price Crash

TRUMP and MELANIA See Positive Developments Despite Price Crash

A series of large-scale transactions involving the TRUMP and MELANIA projects have ca...
What Triggered the Selloff in Meme Coins Today?

What Triggered the Selloff in Meme Coins Today?

A sudden selloff in meme coins has sent tremors through the crypto market, as investo...