Deep Pockets, Big Appetite. A Major Player in the Cryptocurrency World Has Moved a Lot of Pepe Coins

A major player in the cryptocurrency world has moved a lot of Pepe coins. According to reports, this whale, known as qianbaidu.eth

A major player in the cryptocurrency world, also known as a whale, has moved a lot of Pepe coins, according to reports by

Unchained Capital.

This whale, named qianbaidu.eth, took out 506 billion Pepe tokens from the Binance exchange on March 26, 2025.

This is a huge sum, especially considering the price of Pepe at the time, which was less than $0.008. The coins were valued at around $4.4 million.

This isn’t the first time this particular whale has played with Pepe. Back in August 2025, they made a good chunk of money, around $7.34 million, trading this meme coin.

The meme coin has experienced some notable peaks in the past. Its entire market value was $1.6 billion in 2023. It reached an even greater $11 billion in December 2024.

This deep interest in pepe comes as the meme coin has seen a return of attention in recent times.

Reports by Atomicrixs revealed that 542 new Pepe holders appeared in March 2025. However, the number of long-term holders decreased during the same period.

The fact that new investors are coming in, combined with the whales’ buying activity, suggests there might be some renewed interest in the coin.

Some commenters on X believe that this whale buying frenzy may be signaling that the price of pepe may rise once more. They recall how the price went up rapidly earlier due to internet hype. The question is if this is just a temporary rise in price, or if pepe may again experience a big increase like last time.

It’s important to remember that cryptocurrencies, especially meme coins like pepe, are very volatile and anything can happen.

While what the big investors do may sometimes give a hint of where the market is going, it isn’t a guarantee. People need to be careful and do their own research before making any decisions about buying or selling.