Whale Alert: New Address Buys $2.31M Worth of PEPE
Flash
February 24, 2025 10:45 AM
In Brief:
A newly created wallet purchased 2.5 billion PEPE worth $2.31 million.
The buy-in price was $0.00000924 per PEPE.
On-chain data from analyst @ai_9684xtpa shows that a freshly created wallet has made a significant PEPE purchase. The transaction, which took place six hours ago, adds to growing whale activity surrounding meme coins, sparking speculation about an incoming price move.
Large purchases like this often indicate institutional or whale interest, potentially signaling accumulation before a rally. Traders are now watching closely to see if more whale buys follow.
Disclaimer: Backdoor provides informational content only, it is not offered or intended to be used as legal, tax, investment, financial, or other advice. Investments in digital assets involve risk, and past performance does not guarantee future results. We recommend conducting your own research before making any investment decisions.
What's more
.png){kind=small}
© Backdoor 2024