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Cryptocurrency News Video
Whale Alert! $2.9M in PEPE Tokens Snatched Up on Kraken
Jun 10, 2024 at 01:00 pm All you need is News
Title: 231 Billion PEPE Withdrawal Stuns Major US Exchange: Bullish Signal?
On Sunday, an unknown cryptocurrency whale made a significant move by purchasing 231.6 billion PEPE tokens, worth approximately $2.9 million, from the Kraken exchange. This transaction boosts the whale's total PEPE holdings to 750.34 billion tokens, valued at $8.34 million since mid-March. PEPE, a meme coin inspired by a cartoon frog, has been popular since its debut last May, with major transactions continuing to make headlines.
This substantial investment suggests a bullish outlook for PEPE, despite the token trading 40% below its all-time high at $0.000013. The whale's activity indicates confidence in further growth, potentially driven by positive market trends. Interestingly, PEPE often mirrors Ethereum's movements, adding another layer of intrigue for investors. This major purchase underscores a notable event in the crypto market, hinting at a possible upward trajectory for PEPE.
Stay tuned to see if this significant bet pays off.
Video source：Youtube
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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