Whale Activity Drives PEPE Price Surge, Reaching New Heights

The Pepe (PEPE) cryptocurrency saw a remarkable price spike over the last 24 hours, fueled by significant transactions from large investors known as whales. In this period alone, these whales have executed an astounding 11.75 trillion PEPE transactions, representing a 45% increase in trading volume compared to previous days. This has resulted in $160 million worth of PEPE being transacted in fiat currency. Data from IntoTheBlock reveals that over the past seven days, PEPE whales have engaged in large-scale exchanges, with volumes ranging from a high of 18.48 trillion PEPE to a low of 7.92 trillion PEPE.