There is an ongoing shift in the market as PEPE price, along with other memecoins, is seeing a mild bearish breakdown. While the bearish shift has seen the memecoin market capitalization drop by 6.14% to $66 billion, some whales have taken the opportunity to buy the dip in anticipation of a potential breakout rally soon. PEPE Price May Respond to Whale Buyup According to data from Lookonchain, a dormant whale has come back to life after 2 years. Upon waking up, the whale created a new wallet from which it withdrew a total of 1.79 trillion PEPE from Binance Exchange. A whale woke up after 2 years of dormancy, created a new wallet, and withdrew 1.79T $PEPE($22.23M) from #Binance.https://t.co/6483fMCH1d pic.twitter.com/NbyiZRsEcy — Lookonchain (@lookonchain) May 17, 2025 Valued at more than $22 million, this buyup has positioned the token for a liquidity crunch in the open market. According to an analysis… Read More at Coingape.com
The post Will PEPE Price Rally As Whale Accumulates 1.79 Trillion Coins? appeared first on CoinGape.
