Anonymous Investor Buys 4 Trillion PEPE on Turkish Exchange Amid Price Surge

A mysterious whale has purchased a massive amount of Pepe, a popular meme cryptocurrency, on Paribu, a leading Turkish exchange. The transaction involved 4,049,371,347,309 PEPE, valued at $31,091,073. This comes after Pepe experienced a significant price increase of 17.4% in the past 24 hours, followed by a brief correction.

This is not the first large-scale PEPE purchase recently. Earlier this week, an anonymous investor bought 331.3 billion PEPE on Binance, paying $2.24 million. In the past four days, this whale has withdrawn a total of 660.7 billion PEPE, worth $4.57 million, from Binance and MEXC exchanges.

Pepe's price has been rising since the beginning of the week, with a 31.5% increase since Wednesday. The addition of a PEPE-based margin pair on Kraken, a major US exchange, has likely contributed to this surge, exposing the cryptocurrency to millions of traders.

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