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According to Onchain Lens, a blockchain analytics firm, five addresses potentially linked to fraudulent activity have spent a combined $4.28 million in ETH and USDT to purchase PEPE tokens. The addresses reportedly received funds 15 days ago from Tornado Cash, a crypto mixing protocol previously sanctioned by the U.S. government for its use in laundering illicit funds.$4.28 Million in PEPE Buys Raise Red FlagsThe significant token purchases occurred on April 16 and were traced back to funds funneled through Tornado Cash, a tool commonly used to obfuscate the origin of digital assets. Onchain Lens analysts flagged the transactions, warning that the involved wallets "may be associated with a fraudulent entity."While the PEPE memecoin has seen surging interest in recent months amid speculative trading, this latest activity adds a layer of risk and controversy to the token’s market dynamics.What We Know So Far:Addresses Involved: 5 newly activated walletsOrigin of Funds: Tornado Cash (15 days prior to activity)Amount Spent: $4.28 million (ETH & USDT)Asset Purchased: PEPE tokensSuspicion: Possible fraud-related activity

According to Foresight News, Spot On Chain monitoring has revealed that a significant investor, often referred to as a 'whale,' recently purchased 200.4 billion PEPE tokens for 3.72 million USDC. This transaction occurred just 30 minutes ago. Previously, this investor had incurred a loss of approximately $1.45 million on PEPE investments.

PEPE has emerged as the top memecoin in terms of community wealth, with 77,145 holders having balances exceeding $1,000, according to data shared by memecoin influencer Murad on December 25.Key Highlights:Wealth Distribution: Holders with over $1,000 account for 21.5% of PEPE's total community, showcasing strong belief and participation within the ecosystem.Community Leadership: PEPE surpasses all other memecoins in this metric, reflecting its dominant position in the memecoin market.

According to BlockBeats, two significant cryptocurrency investors, often referred to as 'whales,' have collectively purchased $11.36 million worth of PEPE tokens over the past 13 hours. This substantial acquisition highlights the ongoing interest and activity within the cryptocurrency market.One of the addresses, identified as 0x53A...63F4A, made its initial investment two hours ago, acquiring 230.1 billion PEPE tokens valued at $5.65 million. The purchase was made for $0.00002455 per token, marking a significant entry into the PEPE market for this investor.Meanwhile, another investor, known for previously profiting $2.42 million from PEPE trading, has initiated their ninth round of trading within the same 13-hour period. This investor, associated with the address 0x51C...02623, has invested $5.71 million in PEPE tokens at a cost of $0.00002379 per token. This move indicates a continued strategic approach to capitalize on the fluctuations in the PEPE market.

According to PANews, a Pepe token holder recently suffered a significant financial loss of $135,000 after unknowingly signing a malicious 'increaseAllowance' transaction. This incident was detected by Scam Sniffer, a monitoring service that tracks fraudulent activities in the cryptocurrency space. The event serves as a stark reminder to users about the potential risks associated with blindly approving transactions. The loss highlights the importance of vigilance and caution when dealing with digital assets. Users are urged to thoroughly verify the legitimacy of any transaction requests before granting permissions. A single erroneous click can lead to substantial financial damage, as demonstrated by this unfortunate incident. Scam Sniffer's alert underscores the need for heightened awareness and security measures in the rapidly evolving world of cryptocurrencies.

According to BlockBeats, on December 8, the cryptocurrency market research firm Santiment shared insights on social media, highlighting subtle breakthroughs among several meme coins over the weekend. Tokens such as Dogecoin, Pepe, Dogwifhat, and Bonk have shown increased activity, with whale wallets potentially driving up market capitalization over an extended period. This trend is expected to continue until retail investors, driven by fear of missing out (FOMO), re-enter the market.The analysis suggests that once the general public becomes aware and starts investing heavily, these large holders, or 'whales,' may begin to sell off their holdings. This pattern often leads to a subsequent price correction shortly after the initial surge. The behavior of these whale wallets plays a significant role in the price dynamics of meme coins, as their large transactions can significantly impact market trends. The current situation indicates a strategic movement by these whales, capitalizing on the market's volatility and the psychological tendencies of smaller investors. As the market observes these developments, the potential for price fluctuations remains high. Investors are advised to stay informed and cautious, considering the historical patterns of whale activity and its effects on meme coin valuations. The ongoing situation underscores the importance of understanding market dynamics and the influence of major stakeholders in the cryptocurrency space.

According to Binance data, PEPE surged past 0.000026 USDT in the early hours, reaching a new all-time high of 0.00002694 USDT with a market cap exceeding $11 billion. The token is currently priced at 0.00002516 USDT, reflecting a 24-hour increase of 17.57% and maintaining a market cap of $11.1 billion.

According to CoinDesk: In response to a pro-crypto sentiment following Donald Trump’s recent election victory, Robinhood has expanded its cryptocurrency offerings, adding Solana (SOL), Pepe (PEPE), Cardano (ADA), and XRP to its platform. This addition comes as the industry anticipates a regulatory shift, with Trump’s administration likely to replace key figures at the U.S. Securities and Exchange Commission (SEC) known for their stringent stance on digital assets.With the inclusion of these new assets, Robinhood now offers trading in 19 cryptocurrencies to U.S. customers. The expansion aligns with Coinbase’s recent move to also add PEPE, signaling a broader trend among exchanges to expand crypto offerings as the market anticipates clearer regulatory guidelines.Trump’s administration is expected to foster a more favorable regulatory environment, easing restrictions and possibly removing SEC Chair Gary Gensler, who has been critical of the crypto industry. Gensler’s SEC has previously targeted crypto exchanges for allegedly offering unregistered securities, prompting Robinhood to delist certain assets, including SOL and ADA. The recent additions of these assets may indicate renewed confidence in the regulatory outlook.In a statement, Robinhood’s VP and General Manager of Crypto, Johann Kerbrat, said, “We’ve consistently heard from our customers that they want access to more digital assets, and we’re excited to continue expanding our crypto offering.” The crypto industry remains optimistic that Trump’s presidency could provide much-needed clarity around digital asset regulations, encouraging further innovation and growth.The market reacted positively, with slight gains in the newly listed assets and Bitcoin hitting a new all-time high above $91,000, signaling increased confidence from investors in a more supportive regulatory landscape.

According to BlockBeats, on November 1, Flow Traders transferred 5200 billion PEPE tokens, valued at $4.73 million, from an intermediary address 0x01c after a five-month hiatus. The receiving address has been actively trading PEPE for the past seven months, with the most recent transaction occurring two weeks ago during a short-term price peak. Currently, the received funds have not been moved or deposited into any trading platform.

According to PANews, several cryptocurrencies have shown notable movements in the market on October 30. Leading the gains, SUI is currently priced at $2.0864, reflecting a 3.65% increase. Following closely, CFX is trading at $0.154, up by 3.28%. TIA has risen by 3.24% to $5.13, while ADA is up by 2.80% at $0.360. MKR also saw a rise, currently at $1150.6, marking a 2.76% increase.On the other hand, some cryptocurrencies experienced declines. PEOPLE is now priced at $0.0762, showing a 3.11% decrease. NEAR has dropped by 2.10% to $4.375. BONK is down by 2.05%, trading at $0.0000217. PEPE has decreased by 1.83% to $0.00000957, and WLD is down by 1.76%, currently priced at $2.069.

According to Odaily, Scam Sniffer has reported that $1.39 million in cryptocurrency assets, stolen earlier today through a 'permit2' phishing signature, have been moved to a new address (0x3076ce666f707776aaf75f6c44f8c4085375a66f). The assets were transferred approximately one hour ago.Earlier today, Scam Sniffer detected that a PEPE holder lost $1.39 million worth of PEPE, MSTR, and APU after signing a 'permit2' phishing signature. The report highlighted that Uniswap's introduction of Permit2 allows phishing signatures to approve multiple tokens simultaneously. Once the victim's signature is obtained, the attackers can transfer various assets.

According to BlockBeats, a significant investor known by the Ethereum address dimethyltryptamine.eth has achieved remarkable returns on two separate cryptocurrency investments. On October 7, Lookonchain reported that 90 days ago, this investor spent 15.6 ETH (approximately $47,000) to purchase 3.64 million SPX tokens. The value of these tokens has now surged to $1.27 million, marking a 26-fold increase in just three months.Previously, this whale investor made headlines with another impressive investment. They spent only 0.125 ETH (around $251) to acquire 5.9 trillion PEPE tokens. At its peak, the value of these PEPE tokens reached $100 million. The investor sold 3.94 trillion PEPE tokens, earning 2,614 ETH (about $5 million), and still holds 1.97 trillion PEPE tokens, currently valued at $19.9 million.