Whales Are Accumulating PEPE, Is a Bull Run Coming?
The post Whales Are Accumulating PEPE, Is a Bull Run Coming? appeared on BitcoinEthereumNews.com.
Multiple whales accumulated trillions of PEPE tokens in late May, signaling possible strategic preparation. Whale movements followed technical bullish patterns, hinting at growing confidence ahead of a potential bull run. A massive transfer of two trillion PEPE, equivalent to almost $27.9 million, was just detected by Whale Alert. The transaction originated from Bybit to an unknown wallet, and as usual, it didn’t take long for the crypto community to start speculating: is this a sign that whales are starting to plot their next bull run? 🚨 🚨 2,000,000,000,000 #PEPE (27,887,373 USD) transferred from #Bybit to unknown wallethttps://t.co/F3Rf8f60yJ — Whale Alert (@whale_alert) May 27, 2025 What Massive PEPE Buys Might Be Telling Us If you think about it, a move like this is rarely done without a reason. Especially when the value is approaching $30 million. Perhaps it’s not surprising that the public is starting to wonder, what do they know that we don’t? Furthermore, it’s not just Bybit’s transaction that’s causing a stir. In the past few days, similar whale movements have been observed across various wallets. For example, on May 23, a whale with the nickname “ETH RSI Band Whale” bought more than $2 million worth of PEPE. He bought around 141.5 billion tokens, and oddly enough, shortly after that, the price of PEPE jumped more than 70% in a week. Trading volume also soared, even reaching $1.8 billion in a day. Yes, that figure for a meme coin is certainly not a small number. Silent Accumulation or Open Preparation? Meanwhile, May 27 also recorded no less striking activity: 11.75 trillion PEPE tokens changed hands in just 24 hours. Strange but true, the token price did not move much at that time. Were they deliberately waiting for a certain moment to trigger a price spike? Or were they just…
Filed under: News - @ May 27, 2025 10:25 am