The Ethereum charity fund Endaoment recently made headlines again. Reportedly, the fund sold 3,690 ETH in just nine hours, with a total transaction amount reaching $12.47 million. This is the first large-scale sale by Endaoment in ten months and also the largest transaction in its history. Notably, this batch of ETH came from an Ethereum ICO whale. This whale acquired 100,000 ETH since the Ethereum genesis block in 2015 and still holds over 85,000 ETH, currently valued at approximately $294.5 million.
The market interprets this whale behavior in various ways. In addition to possibly being a charitable act, some believe it is a tax-saving tactic, similar to how Tesla CEO Elon Musk donated stocks to reduce tax burdens. Regardless of the motive, this cash-out has brought a surge of liquidity to the cryptocurrency market. Recently, the ETH price has been steadily rising, with an increase of 5.9% since the beginning of the year, currently nearing the key resistance level of $3,500.
New Opportunities in the Meme Coin Market: The Rise of Wall Street Pepe
While Ethereum whales attract attention, the meme coin market also welcomes a new star - Wall Street Pepe ($WEPE). This project has quickly become the focus of the market with its innovative ecosystem and community-oriented model. Since the presale launched in December 2025, Wall Street Pepe has raised over $42 million, becoming one of the hottest cryptocurrencies currently. Its phased presale mechanism has attracted a large number of investors, with the current token price at $0.00036642, and the price is expected to continue rising as the next phase approaches.
Unlike many meme coin projects, Wall Street Pepe is committed to supporting small traders, providing them with fair competition opportunities. Investors purchasing $WEPE will automatically join the 'WEPE Trading Army' VIP group, which offers exclusive trading tools, strategy sharing, and market analysis. Additionally, the community regularly holds trading competitions, with winners receiving $WEPE rewards to further stimulate member participation.
Wall Street Pepe's success cannot be separated from its strong emphasis on security. The project has undergone dual audits by Coinsult and SolidProof, which is rare in the meme coin space. Investors appreciate its transparent tokenomics, especially in terms of distribution mechanisms, where the project team allocates part of the funds to support staking rewards and community development.
Wall Street Pepe has gained support from several well-known cryptocurrency KOLs, such as popular YouTube analyst ClayBro, who has mentioned the project in multiple videos and predicted that it could yield a thousandfold return after listing. He pointed out that $WEPE, with its innovative community ecosystem and focus on small investors, is expected to become the next hit in the meme coin market.
It is noteworthy that some funds from Ethereum whale transactions may have flowed into the $WEPE presale. This phenomenon reflects investors' high interest in emerging meme coin projects and highlights the liquidity of funds in the market. Ethereum provides a solid technical foundation, while meme coin projects attract a wide user base with innovation and fun, creating an interesting complementary relationship.
It is important to note that $WEPE is still in the presale phase and will be listed on DEX and CEX after the presale ends. Investors are advised to visit the official website, X, and Telegram for the latest presale information.
Conclusion: The Alternation and Resonance of New and Old Market Forces
The transactions of Ethereum whales and the rise of Wall Street Pepe together showcase the diverse vitality of the cryptocurrency market. As a leader in the tech field, Ethereum continues to attract investors with its stability and innovation. Meanwhile, Wall Street Pepe injects new vitality into the meme coin market with its innovative community model and strong market potential.
Best Wallet has launched a 'Coming Soon Tokens' feature, allowing users to easily participate in new project presales, enhancing investment opportunities and user experience. Through the 'Coming Soon Tokens' feature, users can directly participate in presales within the Best Wallet app. If you want to see the tokens you purchased, import the purchasing wallet into Best Wallet to view the current value of the tokens.
