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05/05/2024

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Crypto Whales Make Significant Purchases of PEPE Coin and 5 Other Altcoins

Recent on-chain data indicates that major crypto whales have been observed making substantial purchases of PEPE altcoins. This activity is noteworthy as it suggests a possible change in the cryptocurrency market.

Crypto Whales Make Significant Purchases of PEPE Coin and 5 Other Altcoins

Recent on-chain data indicates that major crypto whales have been observed making substantial purchases of PEPE altcoins. This activity is noteworthy as it suggests a possible change in the cryptocurrency market.

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Recent on-chain data highlights the activity of three prominent crypto whales, with a specific focus on acquiring PEPE altcoins. Loononchain’s data indicates that these whales have accumulated significant amounts of five different altcoins. One whale, identified by the short address 0x1A2E, notably purchased 322.48 billion PEPE tokens, valued at $2.78 million on the Binance platform. At the time of writing, the price of PEPE stands at $0.000008584.



Crypto Whales Accumulate PEPE Altcoins in Significant Transactions

Recent on-chain data provided by Lookonchain highlights the accumulation activities of two major crypto whales across multiple altcoins. One of these whales, identified by the short address 0x1A2E, executed a notable purchase of PEPE altcoins on the Binance platform. The transaction involved the acquisition of 322.48 billion PEPE tokens, amounting to $2.78 million. At the time of the transaction, the price of PEPE was trading at $0.000008620.

Another crypto whale, identified by the short address 0x1a2, also attracted attention with a larger PEPE transaction. This whale transferred a substantial amount of 915.85 billion PEPE tokens to its cold wallet from Binance, amounting to approximately $7.75 million. The transaction occurred when the price of PEPE was at $0.000008466. Over the course of the last 28 hours, this whale, along with previous transactions, accumulated PEPE tokens worth $10.4 million at an average price of $0.000008424.

Crypto Whales’ Significant Purchases Across Various Altcoins

According to on-chain data, another notable whale, named aavebank.eth, has made substantial purchases across several cryptocurrencies. The transactions include the acquisition of 500,000 UniSwap (UNI) tokens valued at $3.75 million, 183,000 Chainlink (LINK) tokens worth $2.62 million, 171 MakerDAO (MKR) tokens worth $500,000, and 31,139 Ethereum Name Service (ENS) tokens valued at $483,000.

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These recent activities of crypto whales, involving significant purchases of PEPE altcoins and other cryptocurrencies, have caught the attention of market observers. Such transactions could potentially indicate a shift in market sentiment and influence price trends. However, it’s essential to emphasize that this information does not constitute investment advice, and individuals should conduct their own research before making any investment decisions.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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  • Asad

    Asad is a dynamic and talented cryptocurrency content author who brings a wealth of knowledge and enthusiasm to every article. With a deep understanding of blockchain technology and a passion for digital assets, Asad's writing is both informative and engaging.

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