100% Success PEPE Whale Adds $2.04M in PEPE After 5 Months
An on-chain whale with a 100% trading success rate in PEPE has increased its holdings by 183.7 billion PEPE tokens, worth approximately $2.035 million, after a five-month hiatus. The acquisition occurred nine hours ago via a Binance withdrawal at an average price of $0.00001107 per token. The whale now holds 1.31 trillion PEPE, bought at an average cost of $0.00001683, reflecting an unrealized loss of about $7.25 million. Since opening the position in June 2024, the value of its PEPE stake has declined by 69%. Despite the drawdown, the whale’s continued accumulation signals sustained confidence in PEPE. Traders should monitor on-chain whale activity and token supply dynamics for potential market movements.
Bullish
The accumulation of 183.7 billion PEPE tokens by an on-chain whale with a 100% trading success rate is a bullish signal for the market. Whale buying activity often precedes upward price movements, as large purchases reduce circulating supply and attract investor attention. Despite a 69% decline since June 2024 and an unrealized loss of $7.25 million, the whale’s continued confidence suggests a long-term bet on PEPE’s recovery. Historically, significant whale inflows into tokens like DOGE or SHIB have triggered short-term rallies. In the near term, this large buy order could boost market sentiment and trigger secondary buy-ins by retail traders. Over the long term, sustained whale accumulation may support price floors and stabilize PEPE in future bull cycles. Traders should watch on-chain data for further whale movements to gauge potential entry points.