“Winning” PEPE Whale Buys More as Binance Wallet Sees Heavy Traffic
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- Whale continues accumulating PEPE despite market losses, increasing position over five months.
- Recent transactions linked to Binance’s hot wallet highlight major players’ involvement.
- PEPE’s price dips by 3.86%, but trading activity remains moderate with a 19.47% ratio.
The PEPE token market saw a surge in activity, with a notable whale increasing their holdings despite PEPE price dip.
This, along with significant transfers involving Binance’s hot wallet, suggests a rising demand for the token.
The PEPE whale, known for its “100% winning rate,” kept on accumulating tokens, even as the price fell. Despite a 55.6% decrease in the value of their initial position, this whale, now holding 1.134 trillion PEPE tokens, continued to add to their holdings. This approach aligns with their past strategy of buying more during market downturns, likely based on a long-term perspective.
The PEPE token has experienced unusual movements recently, with large-scale transactions and position increases drawing attention. An Ethereum address, identified as “PEPE Band Winning Rate 100% Whale,” has been expanding its holdings despite ongoing market losses. This shift foll…
The post “Winning” PEPE Whale Buys More as Binance Wallet Sees Heavy Traffic appeared first on Coin Edition.
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