<ul><li>A whale wallet labeled 0x6ea made a significant withdrawal from Binance, acquiring 1.79 trillion PEPE tokens worth over $22 million.</li><li>Despite the whale's purchase, the PEPE token price continued to fall, reducing the whale's holdings to around $21.9 million.</li><li>PEPE, a prominent memecoin, experienced an 8% decline in just 24 hours, trading around $0.00001222 amidst the broader market downturn.</li><li>Other whales, like wallet 0xaca, have also been buying PEPE tokens during this market slump, indicating potential accumulation strategies by some investors.</li></ul>

Whales Dive Into PEPE Despite Market Slump – What Are They Seeing?

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