Two major whales accumulated over 480 billion PEPE tokens in 24 hours, with one whale withdrawing 280 billion tokens ($5M) from Binance and another purchasing 200.4 billion tokens for 3.72M USDC
Previous whale activity showed a dump of 85 billion PEPE coins worth 1.51M USDC last week
PEPE price is currently down 3.59% in 24 hours, trading at $0.00001724, with a 28.97% monthly decline
Despite the large whale accumulation, immediate price impact has been minimal, with bearish sentiment prevailing