Whale Goes All-In on $PEPE, Now Holds a $17.42 Million Position

Today, in a bold and significant move, a cryptocurrency whale has once again doubled down on their position in the popular meme coin $PEPE.

This time, the whale picked up an additional 500 billion $PEPE tokens, spending a hefty $4.36 million to add to their already substantial holdings. This latest purchase brings their total $PEPE holdings to a staggering 2 trillion tokens, now valued at a massive $17.42 million.

Whale Goes All-In on #PEPE Again—Now Holds a Massive $17.42M Bag

In just the past 2 hours, a determined whale has scooped up another 500 billion $PEPE, spending $4.36 million to boost their position.

This brings their total holdings to a staggering 2 trillion $PEPE, pic.twitter.com/3r2AydPgc4

— EyeOnChain 🔶 (@EyeOnChain) May 8, 2025

The aggressive accumulation of $PEPE by the whale has caught the crypto community’s attention, all the more so as the token is now making waves in the market. $PEPE—notably among the top gainers today among the top 100 tokens by market cap—has surged in price by a remarkable 20%. This, of course, comes after the token has shot through several key resistance levels and seems now to be hitting new highs. As the price of $PEPE continues to rise, the speculation is rampant that this whale’s buying could set it up for even more impressive price increases in the days to come.

Targeting New Highs: $PEPE’s Continued Momentum

Today, the price for $PEPE has seen a dramatic increase, which has, in turn, sparked intense optimism among traders and investors, particularly because it has successfully broken through all major resistance levels. The meme coin is now aiming for the 0.000013 level, which would represent a potential 30 percent price increase from where it is currently at. With the wind firmly at its back, $PEPE seems primed for further growth and, in fact, now appears consistently on watchlists as a go-to investment in the rapidly growing ecosystem.

Daily Opportunity on $PEPE :$PEPE is one of the top gainers on the day among the top 100 tokens by market cap. Up +20%💹

Now that we have broken above all major resistance levels, we can target the 0.000013$ level which represents a 30% gain from current prices.

💥Wanna trade… pic.twitter.com/Oi64zmVkap

— Bitcoinsensus (@Bitcoinsensus) May 8, 2025

The whale’s colossal buy-in has raised questions about this kind of market activity and what it could possibly mean for $PEPE’s future. The whale can’t help being an influence, holding as it does such a big position. Any big player can, of course, get the smaller players to follow their lead. The price has been going up, and it suggests that whoever holds $PEPE is showing some really strong hands right now.

Price action like this in the meme coin sector is not new, as massive rallies driven by meme culture and speculative buying have previously occurred with tokens like Dogecoin and Shiba Inu. However, the rise of $PEPE is especially notable for its continued maintenance of momentum, diversification of community, and expansion of market cap.

The Appeal of Meme Coins and $PEPE’s Place in the Market

Meme coins have gained enormous traction within the cryptocurrency space over the past several years. While some consider these coins to be almost entirely driven by speculative hype, they are something else altogether: highly volatile assets that can yield massive returns for investors. And when we say “driven,” we mean it: the rise of meme coins is a phenomenon powered largely by social media, community-driven initiatives, and, most interestingly, celebrity endorsements. All of these would have very little impact if not for the significant backing of whales that, in some instances, seems quite excessive.

$PEPE has drawn the huge attention of the crypto community, mostly because it’s a meme with a massive internet following and cultural relevance. Some even see it as a kind of speculative asset. But whether you think of it as just another meme or as a serious crypto contender, the fact is that a whale has just gone and scooped up a huge pile of $PEPE, spending on the order of, oh, 12,000,000,000,000 (yes, that’s trillion with a “t”) in $USDT (Tether USD, a stablecoin tied to the U.S. dollar). What’s going on?

The recent upswing in the price of $PEPE is not just about the renewed enthusiasm for the coin but also about the increasing acknowledgment of its possible potential in the much broader meme coin market. As fresh buyers keep entering the market, along with a growing whale, $PEPE is just about assured of some near-term price momentum and maybe even “new highs” before the rally runs its course.

What’s Next for $PEPE and its Investors?

As $PEPE’s value keeps going up, there’s a lot of attention on whether it can maintain its current momentum and keep punching through key resistance levels. For the whale sitting on a tidy 2 trillion token stash, the future price movements are only half the story. The other half? It’s about the overall strategic approach to make the most out of this position, and whether they’ll do that in tandem with future price moves or not. Will they sell off some tokens if this thing hits some price targets they’ve set, or are they in it for even larger unrealized gains?

The prospective price of $PEPE could increase 30% from where it is now, and that might be an opportunity for some traders to capture the moment and make some coin with this meme that keeps giving. Still, though, trading in any cryptocurrency, including $PEPE, is a gamble, and the best we can do is take educated guesses about the present and the future.

As of now, PEPE’s tale is still being written. The confluence of whale interest, potent price action, and community engagement makes PEPE an intriguing asset precisely because it’s so hard to pin down: It’s a short-term trader’s dream, a long-term holder’s curiosity—and it’s potentially both in one.

In a market that sleeps with one eye open, always waiting for the next meme to be born (and go bust), PEPE is the latest in a long line of market-troubling meme coins. Its future seems precariously dependent on its present: producing laughter, grins, or, ideally, some kind of a smile. In other words, producing what next-generation meme coins are supposed to produce.

Over the next few weeks, it will be captivating to see how $PEPE’s price reacts to increased resistance levels and whether the whale’s sizable investment pays off or nudges market sentiment in a different direction. $PEPE remains one of the most electrifying assets to track in the crypto space at this moment, no matter what wind blows next.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.