- Meme coin whale purchase impacts market dynamics.
- Stablecoin transactions total $3.5M.
- Large-scale PEPE buying boosts market speculation.
Two whales purchased over $3.5 million worth of PEPE tokens on September 13, 2025. They spent $2.5M in USDT and $1.018M in USDC, leading to significant on-chain activity noted by analysts on platforms like Nansen.
Two whales purchased over $3.5 million worth of PEPE tokens on September 13, 2025, confirmed by on-chain data shared by crypto analysts on X (Twitter).
Whale purchases of this magnitude are critical due to their potential to influence price volatility and market behavior. These transactions sparked trader interest reflected in the immediate surge in PEPE trading volume.
Two primary whale addresses were involved in the purchases. 0x7c8d24c8600721966e5cb09d697b09b801b80a1a acquired 213.46 billion PEPE, spending roughly $2.5 million in USDT. Another address 0xe84dd04e67e6d01a1ab80d5876f8af212292689f purchased 89.73 billion PEPE for about $1.018 million using USDC and USDT.
These purchases, funded by stablecoins, show heightened interest in PEPE, an ERC-20 token demanding increased Ethereum network activity. Prior whale actions in the meme coin space have historically led to price surges and market enthusiasm.
Industry experts note that such accumulations often precede a short-term increase in price and trading volume. They emphasize the potential boost in decentralized exchange (DEX) activity as traders react to these sizable whale actions. Previous PEPE and similar meme coin trading have noted these patterns, correlating with momentary market spikes and attention.
OnchainLens reported on X, โAccording to Nansen data, two whales spent $3.518 million in stablecoins to acquire 303.19 billion PEPE, marking significant on-chain activity today.โ This indicates the scale of influence whales hold in the cryptocurrency landscape.
Historical precedents show that similar activities have marked temporary price movements and increased speculation. Such events draw attention from retail investors, adding volatility to the broader crypto market, particularly in meme coins.