An anonymous PEPE whale made a large deposit on Kraken just a few hours ago. On-chain analyst EmberCN reported the transaction via Twitter, noting that the whale deposited 300 billion PEPE, worth $6.77 million, to the exchange. According to Etherscan, the whale has been accumulating PEPE on Kraken since March. The whale has bought a total of 775.5 billion PEPE at an average price of $0.000012 and sold 482.2 billion PEPE at $0.000021, making a profit of about $4.82 million. The whale currently holds 263.3 billion PEPE, worth about $5.82 million. It is unclear why the whale made such a large deposit on Kraken. However, it is worth noting that the price of PEPE has been rising steadily in recent weeks. The token is currently trading at $0.000022, up from $0.000018 a week ago. It is possible that the whale is anticipating a further increase in the price of PEPE and is positioning itself to profit from it. Whatever the reason, the whale's deposit is likely to have a positive impact on the price of PEPE in the short term.