#Whale Adds $7.14 Million to PEPE#

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Overview

Recently, an investor dubbed "the whale who bought low and sold high on PEPE, making $6.24 million," added another $7.14 million worth of PEPE 12 hours ago. Their current holdings have reached 791.3 billion PEPE tokens, worth approximately $14.23 million. This whale extracted 610.6 billion tokens from Kraken between December 20, 2024, and January 3, 2025, at an average price of $0.00001732. Their current average cost basis is $0.00001769, resulting in a profit of $103,000.

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Analysis

Recently, an investor dubbed the "whale who bought low and sold high on PEPE, making $6.24 million," has added to their PEPE holdings again, this time investing $7.14 million, bringing their total holdings to 791.3 billion tokens, worth approximately $14.23 million. The whale withdrew 610.6 billion PEPE tokens from the Kraken exchange between December 20, 2024, and January 3, 2025, at an average price of $0.00001732. Their current average cost basis is $0.00001769, resulting in a profit of $103,000. This move has sparked market attention towards PEPE, with some analysts believing that the whale's addition could signal further price increases for PEPE. Others, however, believe that the whale's move may be a short-term play and does not represent the long-term value of PEPE.

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Giant whale continues to accumulate PEPE, showing bullish outlook for the project

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Giant whale's accumulation may drive PEPE price up

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Giant whale's accumulation may attract more investors to PEPE

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Giant whale's accumulation may trigger market hype for PEPE

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