PEPE Whale Alert: Mysterious Mega-Transfers Fuel Speculation as Memecoin Rallies 81% in a Week
Blockchain sleuths track nine-figure PEPE movements as the frog-themed memecoin defies gravity—just as Wall Street ’experts’ start dismissing it as a dead trend.
Whale wallets suddenly shift 4.6 trillion PEPE (worth ~$38M) between unknown addresses. Timing raises eyebrows—transactions coincide with the token’s explosive breakout past key resistance levels.
On-chain data shows accumulation patterns mirroring early 2023’s run-up. Retail FOMO now pumping volume to 3-month highs while crypto Twitter debates whether this is organic growth or coordinated pumping before the inevitable rug pull.
Bonus cynicism: Meanwhile, traditional finance institutions still can’t decide if crypto is ’too volatile’ or ’not volatile enough’ for their taste.