PEPE Whale Activity Jumps 60%, Among Highest In Market
According to on-chain data from Santiment, PEPE has experienced a significant increase in whale activity, with its Whale Transaction Count surging 61% week-over-week, ranking it eighth among cryptocurrencies with market caps over $500 million. This metric tracks transfers exceeding $100,000, indicating heightened interest from large investors. Such spikes in whale activity often precede market volatility, as these substantial transactions can impact asset prices. PEPE’s price was around $0.00000334 at the time of writing, down 3% in 24 hours, following a period of recent pullback. Other notable assets on the list include Mantle (MNT), which saw a 600% increase, and stablecoins like USDT and USDC, which also recorded significant jumps in large transactions.
bitcoinist03/20 15:31
