Has PEPE’s Recent Bullish Turn Propelled This Dormant Whale?
Release: 2024/12/14 17:09 Reading: 759
Dormant PEPE Whale Awakens After 600 Days, Triggers Market Activity
A dormant PEPE whale has re-emerged, transferring a substantial 2.1 trillion PEPE tokens ($52 million valuation) to a new address. This surge of activity follows a 600-day period of dormancy. The whale initially invested a mere $27 in PEPE, highlighting an extraordinary 1,900,000x return on investment.
Significant Whale Activity in Cryptocurrency Market
Whale activity has intensified in the crypto market, with several large-scale BTC transfers reported by WhaleAlert. In the past 24 hours, over 5,000 BTC tokens have moved between various entities, suggesting increased market volatility.
PEPE Price Performance
In the past day, PEPE has surged by 3.20%, moving from $0.00002349 to $0.000024. Over the past week, it has maintained bullish momentum, climbing by 14.18% despite the recent market crash. The monthly performance has been mixed, with earlier dips counterbalanced by recent gains.
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