Whale Alert, a prominent cryptocurrency transaction tracker, has reported a significant movement of $PEPE coins between wallets. Approximately six hours ago, a whale transferred a staggering 4,049,371,347,309 PEPE tokens from the Turkey-based Paribu exchange to an unidentified wallet. Such large-scale transfers from exchanges to wallets often indicate confidence in a project, suggesting that major investors are acquiring cryptocurrencies at discounted rates for long-term investment. As a result of this transaction, the price of PEPE surged by an impressive 7%. Additionally, an influential meme coin whale had previously amassed substantial holdings of Pepe Coin futures, further bolstering the token's bullish sentiment in the market. #altcoins #CryptoWatchMay2024 #BTC #BinanceLaunchpool #BullorBear