Pepe

PEPE

<ul class="wp-block-list news-points">
 <li>A PEPE whale bought 160.4 billion PEPE worth $1.31 million.</li>
 <li>The whale tried to trade PEPE last month as well but lost $17,000.</li>
 <li>PEPE dropped almost 3% in the past 24 hours but the technicals look bullish.&nbsp;</li>
</ul>
Pepe (PEPE), a popular meme coin in the crypto world, dipped by roughly 3% in the last 24 hours despite a whale scooping up a massive 160.4 billion PEPE tokens, valued at $1.31 million. Big moves like this often cause price jumps, and investors may be hoping for the same soon.
Data from Arkham Intelligence <a href="https://platform.arkhamintelligence.com/explorer/address/0x1bB651A9284f152464C997aaEb9251b4726D5556" target="_blank" rel="noopener noreferrer nofollow">shows</a> the whale wallet address “0x1bB…D5556” bought 160.4 billion PEPE at about $0.00000819 per token. As of now, PEPE is trading at $0.058109, with trading volume down 30.31% and market cap down 2.66%.
Read also : <a href="https://coinedition.com/crypto-analyst-sees-big-gains-for-pepe-arb-and-fet/" rel="noopener noreferrer nofollow">Memecoin Bull Run: Dogecoin, Shiba Inu, Pepe Lead the Charge</a>
It is important to note that this is not the first time this whale has tried its hand at trading PEPE. A month earlier, the same wallet bought PEPE at $0.00000802 but sold at $0.00000792, losing roughly $17,000.
Coin Edition had confirmed earlier on PEPE chart to gradually be turning bullish with chances of a <a href="https://coinedition.com/pepe-coin-pepe-bullish-breakout-brewing-chart-hints-at-strong-rally/" rel="noopener noreferrer nofollow">potential price surge</a>. And by Thursday, the meme coin surged by more…
The post <a href="https://coinedition.com/pepe-whale-buys-1-3m-despite-price-dip-uptrend-ahead/" rel="noopener noreferrer nofollow">PEPE Whale Buys $1.3M Despite Price Dip, Uptrend Ahead?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

PEPE Whale Buys $1.3M Despite Price Dip, Uptrend Ahead?

Coin Edition

Other articles published on Sep 21, 2024

Ethereum and XRP Whales Bet on This Altcoin for Explosive 150x Gains by 2026

Meet $KHAI: The Community-Driven Cat Coin Ready to Pounce

LayerZero Redistributes Unclaimed ZRO Tokens, Rewards Active Users

Ethereum Terpuruk! Harga Terendah Terhadap Bitcoin dalam 40 Bulan

Analyst Reveals: These 3 Cryptos Are About to Explode!

Qubetics’ Secure and Scalable Blockchain Solutions-Launching Shortly

Join our free newsletter for daily crypto updates!