A Whale: Purchased a huge Pepe Meme Coin from Binance in 2 days

The cryptocurrency whale has purchased $13 million worth of Pepe meme coins in the last 2 days.

According to information received by the on-chain analysis platform Lookonchain, a cryptocurrency whale purchased 982.5 billion Pepe (PEPE) worth $13.6 million over the past 2 days. The post-whale PEPE purchase was made on May 23. The data noted that this whale received 390.5 billion PEPE worth around $5.54 million with the cryptocurrency exchange Binance.

The signals given by the USA for the approval of the spot Ethereum ETF have caused PEPE, which has an Ethereum base, to experience serious increases recently. It ranked 24th in the cryptocurrency market in terms of market value. PEPE, which has been on the rise in the last 24 hours in line with CoinGecko data, has started to be traded.

Investment worth $2.69 million

One of the early PEPE whales, the whale with the wallet address “0x647”, recently invested 250 billion PEPE worth $ 2.69 million in Binance, a cryptocurrency exchange. This whale made a profit of around $4.8 million from PEPE and currently still has 42.4 billion PEPE worth $424 thousand. According to CoinGecko data, it has increased in the last 24 hours.

What is written here has been created for informational purposes only. It cannot be considered as investment advice. Each investment decision is under the individual's own responsibility.

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