The Whale's Influence on Pepe Coin and EIGEN Token Dynamics
Recent market fluctuations have highlighted the significant impact of a Pepe Coin whale on the cryptocurrency market. The whale executed substantial sales of PEPE coin while investing heavily in the Ethereum-based EIGEN token.
PEPE Coin Sales and Whale Activities
On November 25, the whale sold 74.07 billion PEPE coins worth $1.53 million. Over the next three days, an additional 130.2 billion PEPE coins were sold for $2.71 million. Despite these sales, the whale still holds a substantial amount of PEPE coins.
Whale's Interest in EIGEN
The whale has also purchased 217,348 EIGEN tokens for $181.3 ETH. This brings the whale's total EIGEN holdings to 1.6 million tokens.
Market Price Movements and Future Expectations
The large PEPE coin sales have caused its price to decline, while interest in EIGEN has grown. The price of PEPE has decreased by 2% to $0.00002026, while EIGEN has risen to $3.06. Analysts predict that PEPE may potentially reach $0.000025. The future performance of both tokens is uncertain, but the market is closely watching their developments.