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While Pepe ATH Refreshes, Whales Increase Gears: $5 Million Purchase with 2 Wallets! - Coin Bulletin
Two major wallets spent 4.89 million USDC in the last 6 hours to purchase millions of Pepe.
According to the data provided by the on-chain analysis platform Lookonchain, two large wallets (likely owned by the same person) purchased a total of 4.89 million USDC worth of 190.14 billion PEPE on December 9th. The purchases were made at an average price of $0.00002572 per PEPE.
The addresses where these large purchases are made are recorded as "0xcb1f2b9562a7a4e2029db54d504dfe4b1e46b7dc" and "0xb721c74a0a1c97187146d1fe7df94a9d8752481d".
These remarkable purchases for PEPE once again highlight the interest of whales in the meme token market. Such movements in the market often lead to short-term price fluctuations. Experts recommend investors to closely monitor these developments.
Meme token PEPE, which attracted great attention in the past months and experienced a rapid rise in the market. However, it is important for investors to consider the risks as these types of assets are generally prone to volatility.