Accumulate

Giant

PEPE

Coin

<ul class="news-points">
 <li><strong>One whale bought 231.6B PEPE worth $2.9M from Kraken today.</strong></li>
 <li><strong>Nascent and another whale accumulated over 647 billion PEPE from Binance.</strong></li>
 <li><strong>One investor turned $494K into $5.3M within six months via PEPE.</strong></li>
</ul>
<p>Prominent crypto investors continue to accumulate the high-performing <a href="https://coinedition.com/tag/pepe-pepe/" rel="noopener noreferrer nofollow">meme coin PEPE</a> regardless of current market dynamics. The crypto surveillance platform Lookonchain <a href="https://x.com/lookonchain/status/1799639843242438822?s=46&amp;t=CTvfJ7nKRLSx5MQE2U4GYg" target="_blank" rel="noopener noreferrer nofollow">called attention</a> to the latest activity of a whale with wallet initials “0x689d6140.”</p>
<p>According to the update, this whale withdrew 231.6 billion PEPE, valued at over $2.9 million, from the U.S.-based Kraken exchange early today. The move followed a withdrawal of 36 billion PEPE from the exchange two days earlier.</p>
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<p>Blockchain <a href="https://etherscan.io/token/0x6982508145454ce325ddbe47a25d4ec3d2311933?a=0x689d6140131b2a5eb2fb899b1b180ea23b2b869b" target="_blank" rel="noopener noreferrer nofollow">records</a> reveal that this investor has accumulated PEPE since March, with total outbound transactions from Kraken exceeding 750.34 billion PEPE tokens, worth over $8.34 million.&nbsp;</p>
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 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXc4EG1CjgvhmTmq0ZnX7nHm0i3Bs8noHAPgeiiSrLk20OKalKBGZqmGOB8NMRzW64ytbT9v2UmMFdnetJoF6J3S4FwsnBjbdSMHJRTFFbGr_mUPikC0C5c2qmptRtRNuYe5Inu3MA5cZr5_XF41EoQSyiE?key=KDVIM09mKI3yrhDwTn8UsQ" alt="">
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<p>Remarkably, this accumulation has continued without any sales during PEPE’s uptrend and subsequent dip. For instance, the whale purchased 123.8 billion PEPE while the meme coin <a href="https://coinedition.com/pepes-path-to-price-recovery-bulls-brace-for-potential-bounce/" rel="noopener noreferrer nofollow">traded at an all-time high</a> in late May.&nbsp;</p>
<p>Amid significant price corrections, with PEPE’s value dropping by more t…</p>
<p>The post <a href="https://coinedition.com/giant-pepe-whales-accumulate-881b-coins-whats-happening/" rel="noopener noreferrer nofollow">Giant PEPE Whales Accumulate 881B+ Coins: What’s Happening?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Giant PEPE Whales Accumulate 881B+ Coins: What’s Happening?

Coin Edition

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