PEPE Coin (PEPE) Sees 2x Growth This Week, Experts Warn of Potential Whale Dump

  • Pepe (PEPE) investment whale, who has already made millions of dollars, may dump.
  • According to the transfer by the blockchain analysis platform Spot On Chain, a whale has withdrawn over 1.3 trillion PEPE from the Binance exchange in the last five days.
  • The whale paid an average of 0.00001378 for each of them and spent a total of 18.2 million dollars.

A whale who has traded altcoins like ETH, CRV, COMP, YFI in the past has an unrealized profit of 4.44 million dollars.

PEPE Value Soars as Whale Holds Significant Amount

PEPE has seen a remarkable 90% increase in value over the past week. The blockchain records indicate that the value of the whale’s PEPE holdings has now reached 22.66 million dollars.

Impending Dump or Strategic Move?

As the whale continues to hold a substantial amount of PEPE tokens, traders are speculating whether a dump is on the horizon or if this is part of a larger strategy. With significant unrealized gains and a track record of lucrative trades, the whale’s next move will be closely watched.

Conclusion

This influx of activity surrounding PEPE highlights the volatility and opportunities present in the crypto market. Traders and investors are advised to stay vigilant and monitor market trends closely to make informed decisions.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Bitcoin 24h: CEX Net Outflow of 1,609.79 BTC — Binance Leads Outflows, Coinbase Pro Records 2,454.15 BTC Inflow

According to Coinglass data, centralized exchanges recorded a cumulative...

Coinglass Warns Ethereum Could Trigger $1.488B Long Liquidations Below $4,500 or $1.566B Shorts Above $4,800 on CEXs

Coinglass data cited by COINOTAG on September 14 indicates...

Bitcoin Reacts to Fed’s Likely 25bps Cut: Markets Brace for Powell’s Dot Plot and Global Rate Decisions

Recent macro releases — a moderate CPI and PPI...

Vitalik Buterin Announces Ethereum’s 10x Capacity Push via Layer-2 at EthTokyo 2025, Urges Asian Developers

At EthTokyo 2025, Ethereum co‑founder Vitalik Buterin outlined a...

Bitcoin Dominance Drops to 57.35%, Nearing 2025 Low as Matrixport Signals Altseason

COINOTAG reported on September 13 that market data shows...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img