Whale wallet received two meme coins from two exchanges

While financial markets are expecting rises in risk assets with the start of the Fed’s interest rate cuts, a crypto whale bought two meme coins from two exchanges. The whale made a total purchase of $1.6 million.

Whale wallet received two meme coins from two exchanges

In 2024, while meme coins experienced unexpected explosions, one of the most prominent of these was PEPE. PEPE, which has risen about 10 times in the last 1 year, has managed to stand firm in price drops or geopolitical crises.

PEPE, which has always been on the radar of whale accounts, seems to have started an upward movement again with the recent rise in Bitcoin.

$1.6 million purchase from the whale

A crypto whale entering the market with a new wallet bought meme coins called PEPE and MOG from Binance and Bybit exchanges. The whale, which bought 121 billion PEPE worth $1 million from Binance, bought 421 billion MOG worth $600 thousand from Bybit.

The whale thus spent $1.6 million for purchases in total.

While MOG increased by 13% in the last 24 hours, this rate was 7% for PEPE.

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