#PEPE‏ #BTC Whales continue to accumulate PEPE: Spent 700 ETH, holding 14.5 million USD

On June 6, data from Lookonchain revealed a whale with wallet 0xe486 just injected an additional 700 ETH (approximately 1.72 million USD) to purchase 15.43 billion PEPE just 30 minutes ago. This move marks a strong wave of investment in the memecoin PEPE within the cryptocurrency ecosystem.

Currently, the total amount of PEPE held by this wallet has reached 1.31 trillion Tokens, valued at around 14.5 million USD. The massive holding of PEPE indicates that the whale is anticipating price fluctuations or potential profitability from this promising asset.

Large-scale accumulation activities like this often significantly impact liquidity and price levels of the Token in the market. This is an important indicator of speculative cash flow behavior in the cryptocurrency sector, warning retail traders about the risks and opportunities when facing momentum from institutional investors or whales.

Source: https://tintucbitcoin.com/ca-voi-day-manh-thu-mua-pepe/

Thank you for reading this article!

Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!