
11.75 Trillion PEPE in 24 Hours: Whales Unleashed
Pepe (PEPE) Ecosystem Sees Surge in Whale Activity, Driving Price Momentum
The Pepe (PEPE) ecosystem has captured significant attention in the crypto market as large investors, or "whales," have been actively trading over the past 24 hours. This heightened activity has contributed to a bullish outlook for PEPE's price.
Data from IntoTheBlock reveals that Pepe whales have executed substantial transactions, with volumes peaking at 18.48 trillion PEPE and dipping to 7.92 trillion PEPE in the last week. This marks a 45% increase in trading volume, translating to over $160 million in fiat value.
The surge in whale activity suggests either accumulation or strategic fund movements. Regardless of intent, such large transactions often signal impending price shifts—and current trends indicate whales are in accumulation mode.
As a result, PEPE's price has risen sharply, climbing 6.01% to $0.00001376 at the time of reporting. The meme coin briefly hit $0.00001444 before a minor correction, yet investor activity remains strong, with trading volume up 18.39% to $1.45 billion.
Among meme coins, PEPE is outperforming its peers. While Dogecoin (DOGE) saw a modest 1.24% gain and Shiba Inu (SHIB) inched up 0.29%, PEPE's rally stands out.
Notably, large outflows from exchanges like Binance suggest whales are moving PEPE into long-term holdings. If buying pressure persists, this could fuel further momentum, potentially pushing prices toward $0.000015 or even $0.00002.