News 
February 24, 2025 
3 min. 
A recent series of high-value transactions by a PEPE whale has sparked speculation about a potential price surge for the meme coin. Over the past eight to nine hours, the investor has been shifting large amounts of PEPE between wallets, hinting at growing confidence in the token’s future performance.
Whale’s Transactions Suggest Rising Bullish Sentiment
Blockchain data from EtherScan reveals that a whale has been moving substantial PEPE holdings between wallets, specifically transferring tokens from address “0xB9…bce3d” to “0x23…3507c.” This activity suggests that the whale anticipates a price rally, as such movements are often associated with strategic accumulation before a market upswing.
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In four separate transactions, the whale sent 98 million PEPE (worth approximately $3,363) while maintaining a larger position of 249.97 billion PEPE ($2.27 million), which was received from Binance over nine days ago. These transfers indicate a possible shift in market dynamics, where institutional investors or high-net-worth individuals are increasing their stakes while retail investors remain uncertain.
Market Indicators Point to Potential Volatility Surge
Despite the whale’s accumulation, PEPE is currently trading at $0.00000908, marking a nearly 5% decline in the past 24 hours, according to CoinMarketCap. The meme coin is still 67.92% below its all-time high from two months ago, but it has surged an impressive 660.49% over the past year.
Crypto analyst Mark highlighted on X (formerly Twitter) that whales continue to accumulate PEPE while retail traders are selling out of fear and uncertainty. This trend suggests a possible divergence between large-scale investors and smaller traders, which could precede a major price movement.
Additionally, another analyst pointed out that the Bollinger Bands for PEPE are tightening, with the Bollinger Bandwidth reaching its lowest level in history. This pattern often precedes significant volatility, indicating that a breakout—either upward or downward—may be imminent.
As PEPE continues to attract whale interest, traders will be closely watching for further price action and confirmation of whether this accumulation phase signals a bullish turnaround.
