PEPE Token Accumulation
According to reports, two prominent cryptocurrency investors, often referred to as “whales,” purchased a combined $11.36 million worth of PEPE tokens in just 13 hours. These transactions underscore the growing interest in the token among large players in the market.
Altcoin Purchases by Whales
In the past week, cryptocurrency whales made significant purchases of the following altcoins:
JasmyCoin (JASMY): Purchased 44.52 million tokens worth $1.38 million.
XRP: Whale holdings increased by 150 million tokens, indicating confidence in a possible XRP price rebound.
Polygon (POL): 5.11 million tokens added, suggesting confidence in the potential of this project despite the decline in value since the recent peak.
Cardano Accumulation (ADA)
Whales have accumulated a total of 160 million ADA during the recent market volatility, which may indicate their confidence in the future growth of Cardano’s value.
These actions suggest that large investors see potential in their chosen cryptocurrencies and may be preparing for future market moves.