Release: 2024/09/21 17:09 Reading: 551
PEPE Whale Acquires 160.4 Billion Tokens
A major investor, known as a "whale," recently purchased a significant amount of PEPE tokens, a popular meme coin in the cryptocurrency market. The whale acquired 160.4 billion PEPE tokens, valued at approximately $1.31 million.
Previous Trade Attempt
This is not the first time the same whale has attempted to trade PEPE tokens. One month prior, the whale purchased PEPE at a price of $0.00000802 and sold at a lower price of $0.00000792, resulting in a loss of approximately $17,000.
Market Outlook
Despite the recent price dip of almost 3% in the past 24 hours, the technical analysis of PEPE suggests a potential uptrend ahead. Data from Arkham Intelligence indicates that the whale wallet address "0x1bB...D5556" bought the tokens at a price of $0.00000819 per token.
As of now, PEPE is trading at $0.058109, with a trading volume decrease of 30.31% and a market cap decline of 2.66%. The whale's purchase could indicate bullish sentiment and potential for a price surge in the future.
Reminder
It's important to note that cryptocurrency investments carry a level of risk, and investors should conduct thorough research before making any decisions.
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