News View Non-AMP

Crypto Whales Are Buying These 2 Meme Coins: Is a Rally Coming?

Published by
Mustafa Mulla

Big players in the crypto market are grabbing headlines, and this time, they’re doubling down on meme coins. One whale has just locked in a staggering $13.75 million profit from trading Pepe (PEPE), while another has withdrawn millions worth of Dogwifhat (WIF) from Binance.

These massive trades have sparked speculation – are whales gearing up for the next big rally? With prices dipping despite the heavy buying, all eyes are now on what happens next.

Whale Nets $13.75M Profit on PEPE

A well-known crypto whale, identified by the wallet address “0xe7d,” recently made a big move. This trader spent 974.642 ETH—about $2.62 million—to buy 280.85 billion PEPE tokens just nine hours ago.

With this latest purchase, the whale now holds 1.404 trillion PEPE, valued at around $13.2 million. Even more impressive, they’ve secured a $13.75 million profit so far, marking a staggering 328% return.

New Whale Buys $7.17M Worth of WIF

Meanwhile, another major investor, linked to the wallet “4FhF5,” is making waves with a large Dogwifhat (WIF) purchase. Just 11 hours ago, this whale created a new wallet and withdrew 9.48 million WIF tokens—worth $7.17 million—from Binance.

While their strategy remains unclear, such large withdrawals often indicate confidence in the token’s future growth.

PEPE & WIF Price Update

PEPE’s price has taken a sharp 15% fall, now trading around $0.000009010 with a market cap of $3.84 billion. However, its 24-hour trading volume has jumped by 24%, reaching about $825 million. 

This price drop comes amid broader market declines, fueled by economic tensions between the U.S. and China over increased tariffs.

Similarly, Dogwifhat (WIF) has also seen a 12% dip in the last 24 hours, bringing its market cap to $720 million. Despite the decline, some analysts believe that if WIF breaks out of its current ascending triangle pattern, it could first target $1.10.

Despite the market dip, these massive trades suggest confidence – whether they signal a comeback or a trap remains to be seen.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

SUI and POL Investors Are Quietly Rotating Into Codename:Pepe — What’s Fueling This Shift?

Investors in SUI and POL are beginning to rotate into Codename quietly:Pepe, an emerging AI-powered…

May 4, 2025

$350 Might Just Be Enough—XYZ, SOL, and ADA Are Testing the Boundaries

A small investment might unlock significant opportunities as certain digital currencies push their limits. Tokens…

May 4, 2025

Fact Check: Will Ripple Vs SEC End on Thursday?

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might…

May 4, 2025

Pi Coin News: Banxa Opens Doors to Pi Network in 100 Plus Countries with KYB Approval

A few days ago, Banxa temporarily suspended Pi transactions, likely due to pending KYB (Know…

May 4, 2025

XRP Price Prediction For May 2025

XRP is currently trading in a tight range and continues to struggle to break above…

May 4, 2025

XRP Rich List: How Much XRP Puts You in the Top 10%

XRP is one of the most talked-about cryptocurrencies, but few people understand how small its…

May 4, 2025