Whale Makes Waves with $1.7M $PEPE Buy: Meme Coin Mania Escalates

The meme coin madness isn’t over—and one crypto whale just proved it with a massive $1.7 million bet on $PEPE.

In a move that set social media and on-chain analysts buzzing, a whale splashed 700 ETH in under an hour to scoop up 154.29 billion PEPE tokens, according to Spot On Chain. The transaction, captured in real time, is the latest in a string of aggressive buys by this wallet, which now holds 1.38 trillion $PEPE, valued at a jaw-dropping $15.26 million.

Even more impressive? This investor is up nearly $12 million in profit—a 196% gain. That kind of return isn’t just rare—it’s legendary, even in the rollercoaster world of meme coins.