What does the billion-dollar purchase from whales mean?

Pepe Coin His comment continues to be one of the most awaited posts by cryptocurrency investors. Whale movements in Meme coin draw attention to the accumulation that has been going on for a while. This trend, detected by Lookonchain, occurred on Binance along with a slight increase in price. Whales accumulated 357 billion tokens in a short time.

This accumulation, which comes with PEPE’s weekly gain of approximately 16%, is interpreted as high long-term expectations.

PEPE Coin Comment: Whales Continue Accumulating

According to Lookonchain, a new wallet has accumulated 357.34 billion PEPE Coins worth $2.9 million. This accumulation became even more promising when it came with the rise in price.

According to Etherscan’s data, the whale currently owns PEPE Coin. As we reported before, it was determined that smart money had accumulated 143 billion PEPE. In another development, the accumulation of 4 trillion tokens attracted attention.

PEPE Coin price It is up 4.20% in the last 24 hours and is currently trading at $0.0000081. The 24-hour lows and highs are $0.000007629 and $0.00000848 respectively, indicating a highly volatile movement. 24-hour trading volume increased by 34.08% to $792.02 million. While open interest decreased by 5.56% and reached 86.98 million dollars, derivative volume increased by 45.62% and reached 800.63 million dollars.

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