Recent whale purchases of PEPE tokens totaling over $3.5 million have drawn attention from analysts and traders in the cryptocurrency market.
Whale Purchases
On September 13, 2025, two whales purchased over $3.5 million worth of PEPE tokens, spending $2.5 million in USDT and $1.018 million in USDC. These transactions were confirmed through on-chain data shared by analysts on X (Twitter). The primary whale addresses involved were **0x7c8d24c8600721966e5cb09d697b09b801b80a1a**, which acquired 213.46 billion PEPE for about $2.5 million, and **0xe84dd04e67e6d01a1ab80d5876f8af212292689f**, which bought 89.73 billion PEPE for approximately $1.018 million.
Market Implications
Such large-scale purchases can significantly impact price volatility and market behavior. The immediate surge in PEPE trading volume reflected traders' interest in these substantial transactions. Experts note that such accumulations often precede a short-term increase in price and trading volume, stimulating activity on decentralized exchanges (DEX).
Future Predictions
Historically, similar activities have marked temporary price movements and increased speculation. Events like this purchase draw attention from retail investors, adding volatility to the broader crypto market, especially in meme coins. As reported by OnchainLens on X, "According to Nansen data, two whales spent $3.518 million in stablecoins to acquire 303.19 billion PEPE, marking significant on-chain activity today."
The PEPE token acquisitions exemplify the influence of whales in the cryptocurrency market and may foreshadow shifts in market dynamics.
