Binance Increases Holdings in Pepe Coin (PEPE) as Bulls Ramp Up Buying Pressure

• A whale in the crypto market has made billions of meme coin purchases.
• A whale that has been accumulating Pepe (PEPE) for the past 2 days has once again made a move.
• According to data from the on-chain analysis platform Lookonchain, the whale in question has purchased 1.32 trillion PEPE worth $18.2 million over the last 2 days.

A whale in the crypto market has made billions of meme coin purchases. Learn more about the latest development.

Pepe Coin Surges with Whale’s Purchase

The recent surge in the price of Ethereum-based PEPE coin is attributed to the signals given by the US regarding spot Ethereum ETF approval. The coin has climbed to the 24th position in terms of market capitalization.

Market Performance and Outlook

PEPE has shown a 1% increase in the last 24 hours and is currently trading at $0.0000142.

Conclusion

The significant purchases made by the whale have driven the price and market position of PEPE coin. Investors are closely watching the developments in the market for potential future opportunities and challenges.