News

Robinhood and Coinbase List $PEPE: Coin Surges 46% Amid Significant Whale Movements

In a notable milestone for $PEPE, both Robinhood and Coinbase recently added the meme coin

to their platforms, prompting a 46% surge in its value to a current price of $0.00001884.

The listing has sparked intense trading activity and a wave of large-scale fund transfers.

Here’s a breakdown of recent substantial on-chain movements:

🔹 Market Maker Wintermute’s Withdrawal: Over the past hour, market maker Wintermute has withdrawn approximately 840.5 billion PEPE, valued at $15.76 million, from exchanges including Binance, KuCoin, Kraken, and OKX.

🔸 “PEPE Band Winning Rate 100% Whale”: Just 15 minutes ago, this high-performing whale moved 122 million PEPE (around $1.65 million) to Binance. If they choose to sell, the transaction could yield a profit of $390,000, with their remaining holdings carrying an unrealized profit of $3.278 million.

Big Pepe Whale Holder Positions To Take Profits 

Meanwhile, a prominent whale that initially bought 2.02 trillion PEPE ten months ago at an average price of $0.000001313 has also started positioning for potential sales. This investor transferred 500 billion tokens (valued at $11.17 million) to Coinbase within the past hour. A full sale could lock in profits of $10.52 million.

Related Post

The whale’s remaining PEPE holdings continue to hold an unrealized gain of $35.26 million, reflecting an impressive return rate of 1811%.

With major players now securing profits, the stage is set for further volatility in $PEPE trading. As smart money begins to offload, the market is watching closely for the next potential moves in this rapidly evolving landscape.

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

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

Why Qubetics Presale, Solana’s Scalability, and Stacks’ Smart Contracts Rank Among the Best Cryptos with 1000X Potential

Cryptocurrency enthusiasts are always on the lookout for projects with the potential to deliver massive…

9 hours ago

Top 4 Web3 Tokens for 2024: Essential Picks for Huge Returns

In 2024, Web3 is poised to become the most thrilling sector in cryptocurrency, attracting investors…

16 hours ago

Top Altcoins for the 2025 Bull Market: BlockDAG, Ethereum, Cardano, Polygon, & Avalanche—Which One Will Surge Next?

As 2025 approaches, the excitement for the next bull market intensifies, and the focus is…

16 hours ago

Web3Bay’s E-Commerce Growth vs. Bittensor and Toncoin: Trends and Insights for 2025

In the realm of cryptocurrency, price variations are largely governed by supply and demand dynamics.…

18 hours ago

Ethereum Slips Below $4,000 as Polygon, VeChain, and 1Fuel Dominate DeFi Discussions

Ethereum has dipped below the $4,000 mark recently, a level it reached at its all-time…

19 hours ago

Meme Coins See Huge Volatility As Rollblock Hits A New All-Time High

During market crashes, memes are usually the hardest hit given that they’re largely entirely speculative…

19 hours ago