<ul><li>A newly activated whale wallet (0x6ea) bought 1.79 trillion PEPE tokens from Binance, spending over $22 million during a memecoin market downturn.</li><li>Despite the purchase, PEPE's price dropped by 8% in 24 hours, now trading around $0.00001280, reducing the whale's portfolio value to approximately $21.9 million.</li><li>Another whale wallet (0xaca) acquired 97 billion PEPE tokens for $1.28 million on KuCoin, hinting at coordinated accumulation by big players amidst the market conditions.</li><li>The whale activity surrounding PEPE suggests a possible reversal in the memecoin sector, with institutional investors buying aggressively while retail investors may be panic-selling.</li></ul>

PEPE Whale Buys $22 Million Worth of Tokens during memecoin market price drop

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