PEPE Whale Adds 1.078 Billion Tokens Pushing Price Up 8%

Yesterday, a significant on-chain event unfolded as the so-called PEPE Whale returned to the market, purchasing $1.21 million worth of PEPE tokens. According to on-chain analyst Ai Auntie (@ai_9684xtpa), the whale—identified by the new address 0x122...002bA—initiated a position in PEPE and has since increased its holdings. Over the past 10 hours, the address withdrew 1.078 billion PEPE from Coinbase, bringing its total holdings to 2.186 billion tokens [1]. Based on the withdrawal price, the average cost is estimated at approximately $0.00001173, resulting in an unrealized loss of $140,000.

This activity marks the latest move in a pattern of large-scale accumulation of memecoins by influential market participants. The purchase, while speculative in nature, has contributed to a broader resurgence in interest in the asset class, which has been largely fueled by social media and community-driven momentum. In the immediate aftermath of the whale’s move, PEPE saw a reported 8% price increase, suggesting that such on-chain activity can have a direct and measurable impact on market sentiment [1].

From a strategic perspective, the whale’s decision to add to its position reflects a belief in the token’s potential for future gains. Memecoins, including PEPE, are known for their volatility and unpredictable price swings, making them particularly sensitive to large-scale trades. The whale’s actions may also influence retail traders, who often interpret such moves as signals to enter or exit positions. In this case, the whale’s accumulation may serve as a psychological trigger for broader market participation, especially among speculative investors.

While the move is not necessarily indicative of long-term investment confidence, it does highlight the role that institutional or whale-level actors are beginning to play in the memecoin space. The broader crypto market has seen similar behavior from large holders in other tokens, including Pepe Dollar (PEPD), further reinforcing the trend of high-net-worth investors exploring alternative, meme-driven assets [2]. However, the lack of regulatory clarity and the inherently speculative nature of these tokens mean that such moves should be interpreted with caution.

The PEPE Whale’s latest purchase underscores the ongoing volatility and speculative nature of the memecoin market. While whale activity can drive short-term price action, it does not guarantee long-term value or stability. Investors and observers alike will be closely monitoring whether this renewed interest translates into sustained demand or simply another short-lived spike in trading activity.