Chain Data Shows These People Driving$XRP
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$PEPE Price to $0.000027 ATH
PEPE became the first major meme cryptocurrency to surpass $0.00002716, its ATH, in the bull cycle. Whale activity and accumulation drove this PEPE record surge.
Whale Accumulation Supports PEPE
On social media site X, crypto expert said that PEPE whales contributed $1.14 billion to their holdings, bringing their total to $7.56 billion. PEPE's market value crossed $10 billion for the first time over the weekend, during a bullish run. PEPE's market worth is $11.17 billion, therefore this cohort owns 67% of the market cap.
Interestingly, on-chain data reveals whale buildup surged before yesterday. Holdings IntoTheBlock Balance USD measure indicates 147.81% rise in addresses owning $10 million or more PEPE coins in 30 days. These huge holders have been accumulating, buying $1.14 billion on December 7.
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