Whales Continue to Load Up on Pepe as MIND of Pepe Presale Crosses $9M Mark
The post Whales Continue to Load Up on Pepe as MIND of Pepe Presale Crosses $9M Mark appeared on BitcoinEthereumNews.com.
Things have levelled out for Pepe (PEPE) in the past day – but crypto whales are not done shopping. And while they’re still buying the OG frog coin, MIND of Pepe (MIND) is also going viral, with its presale having just crossed the $9 million mark with less than 16 days to go. Could this be the next meme coin to explode? PEPE’s Wild Week as Crypto Whales Continue to Invest It’s been a crazy week for PEPE holders. Even though the coin has taken a breather today, dipping just under 2% to trade at $0.0000139, the bigger picture still looks bullish. That’s evidenced by PEPE being up 71% in the past week alone. And traders aren’t losing interest – spot trading volumes hit $1.8 billion in the past 24 hours, and open interest is comfortably above $82 million. This implies that buyers are still holding firm against sellers. Crypto whales are unfazed by the mini cool-off and are still making big purchases. According to the on-chain experts at Lookonchain, just earlier today, a whale known as the “ETH RSI Band Whale” bought 141.5 billion PEPE when the coin’s price was around $0.0000145. That represented an investment of over $2 million. Although they might be looking at an unrealized loss right now, that’s a relatively minor blip on a multi-million dollar move. PEPE’s Path Forward – Key Price Levels to Watch And it’s not just today’s whale move getting traders’ attention. Just a few days ago, another crypto whale made an interesting play. After reportedly losing money on their TRUMP position and facing a partial liquidation, they didn’t waste any time, flipping to a 10x long on PEPE. They were soon sitting on an $81,000 unrealized profit – showing just how fast the meme coin market is moving. So, with…
Filed under: News - @ May 15, 2025 8:22 pm