Whale Alert: Analyst Flags Continued PEPE Accumulation

Four Crypto Whales Acquire Trillions of PEPE Tokens, Signaling Bullish Momentum

December 23, 2024

Recent acquisitions by four major crypto whales have signaled renewed bullish sentiment for PEPE, the frog-themed meme coin.

Significant Whale Purchases Revive Optimism

• A whale with an 85% winning rate invested in 788.2 billion PEPE at an average price of $0.00002394.
• Another whale added 230.1 billion PEPE tokens to their portfolio at $0.00002455.
• A third whale purchased 1.129 trillion PEPE tokens for $3.68 million.
• A fourth whale bought 250 billion PEPE tokens for $0.00001697.

These acquisitions indicate a surge of confidence among investors in PEPE's potential.

PEPE's Price Action and Market Outlook

Despite a recent 49% decline, PEPE has since rallied 22.5% to reach $0.00001763. Analysts note a pattern of higher highs and lows, with previous highs forming support for future rallies.

The consistent accumulation by whales suggests that PEPE has the potential to lead the current bull cycle. The recent acquisitions also indicate growing confidence in its ability to recover and sustain momentum.

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