Whale Grabs 506 Billion PEPE—Is A Price Explosion Near?
Summary
A major cryptocurrency investor, qianbaidu.eth, withdrew 506 billion Pepe tokens, valued at $4.4 million, from Binance on March 26, 2025. This investor previously profited $7.34 million from trading Pepe. Pepe's market value surged from $1.6 billion in 2023 to $11 billion in December 2024, attracting significant investor interest. In March 2025, 542 new holders joined, despite a decrease in long-term holders. This activity suggests renewed interest and potential price increases, though the volatile nature of meme coins like Pepe necessitates caution and thorough research before trading decisions.
