A significant investment of $10.4 million has been made by a crypto whale in the meme-inspired cryptocurrency PEPE, drawing attention to its future implications amidst increased market activity. Spot On Chain, a reputable crypto analytics platform, observed a multi-signature wallet transferring 915.85 billion PEPE tokens from Binance, initially valued at around $7.75 million. Additional transactions by the same wallet led to an accumulation of 1.238 trillion PEPE tokens, resulting in the $10.4 million investment at an average rate of $0.000008424 per token. The whale's trading activities also included gaining $146,000 from an INJ trade and experiencing a $118,000 loss from an RNDR trade.
