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Bitcoin Bitcoin (BTC) $102,924.23 ↑ 3.21%
Ethereum Ethereum (ETH) $2,415.12 ↑ 24.77%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.02%
XRP XRP (XRP) $2.37 ↑ 6.90%
BNB BNB (BNB) $632.93 ↑ 2.58%
Solana Solana (SOL) $166.24 ↑ 8.75%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.20 ↑ 12.24%
Cardano Cardano (ADA) $0.79 ↑ 10.77%
TRON TRON (TRX) $0.26 ↑ 3.28%
Sui Sui (SUI) $3.94 ↑ 6.98%
Chainlink Chainlink (LINK) $16.23 ↑ 9.95%
Avalanche Avalanche (AVAX) $23.10 ↑ 10.13%
Stellar Stellar (XLM) $0.30 ↑ 9.26%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 11.23%
Hedera Hedera (HBAR) $0.20 ↑ 7.88%
Bitcoin Cash Bitcoin Cash (BCH) $421.15 ↑ 0.44%
Hyperliquid Hyperliquid (HYPE) $24.88 ↑ 13.93%
Toncoin Toncoin (TON) $3.29 ↑ 5.39%
UNUS SED LEO UNUS SED LEO (LEO) $8.76 ↓ -0.93%
Litecoin Litecoin (LTC) $98.02 ↑ 5.84%
Polkadot Polkadot (DOT) $4.62 ↑ 9.01%
Pepe Pepe (PEPE) $0.00 ↑ 44.64%
Monero Monero (XMR) $302.14 ↑ 3.99%
Dai Dai (DAI) $1.00 ↓ -0.03%
Bitget Token Bitget Token (BGB) $4.52 ↑ 4.61%
Pi Pi (PI) $0.74 ↑ 18.06%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.04%
Uniswap Uniswap (UNI) $6.48 ↑ 24.27%
Bittensor Bittensor (TAO) $439.31 ↑ 8.85%
Aptos Aptos (APT) $5.68 ↑ 11.36%
NEAR Protocol NEAR Protocol (NEAR) $2.89 ↑ 17.74%
OKB OKB (OKB) $54.62 ↑ 5.49%
Ondo Ondo (ONDO) $1.02 ↑ 10.22%
Aave Aave (AAVE) $213.24 ↑ 14.13%
Ethereum Classic Ethereum Classic (ETC) $19.20 ↑ 11.03%
Internet Computer Internet Computer (ICP) $5.30 ↑ 10.03%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $13.87 ↑ 12.86%
Kaspa Kaspa (KAS) $0.10 ↑ 8.98%
Cronos Cronos (CRO) $0.10 ↑ 5.60%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.26 ↑ 11.79%
GateToken GateToken (GT) $21.67 ↑ 0.75%
Mantle Mantle (MNT) $0.77 ↑ 5.36%
Render Render (RENDER) $4.91 ↑ 8.16%
VeChain VeChain (VET) $0.03 ↑ 10.91%
Ethena Ethena (ENA) $0.37 ↑ 23.68%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.08%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.85 ↑ 16.81%
Algorand Algorand (ALGO) $0.23 ↑ 9.66%
Filecoin Filecoin (FIL) $3.00 ↑ 9.10%
Cosmos Cosmos (ATOM) $4.79 ↑ 10.25%
Arbitrum Arbitrum (ARB) $0.37 ↑ 13.05%
Celestia Celestia (TIA) $2.83 ↑ 4.62%
Sonic (prev. FTM) Sonic (prev. FTM) (S) $0.60 ↑ 10.24%
Bonk Bonk (BONK) $0.00 ↑ 10.82%
Worldcoin Worldcoin (WLD) $1.13 ↑ 12.97%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
Maker Maker (MKR) $1,771.27 ↑ 10.48%
Stacks Stacks (STX) $0.97 ↑ 4.79%
Jupiter Jupiter (JUP) $0.51 ↑ 12.46%
KuCoin Token KuCoin Token (KCS) $11.19 ↑ 2.79%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $2.07 ↑ 27.43%
EOS EOS (EOS) $0.86 ↑ 1.77%
Flare Flare (FLR) $0.02 ↑ 3.08%
Fartcoin Fartcoin (FARTCOIN) $1.30 ↑ 18.13%
Story Story (IP) $4.61 ↑ 14.93%
DeXe DeXe (DEXE) $14.77 ↑ 0.35%
Optimism Optimism (OP) $0.73 ↑ 16.01%
Sei Sei (SEI) $0.23 ↑ 11.66%
XDC Network XDC Network (XDC) $0.08 ↑ 2.52%
Immutable Immutable (IMX) $0.64 ↑ 7.19%
Injective Injective (INJ) $11.72 ↑ 13.96%
Quant Quant (QNT) $95.58 ↑ 2.96%
Curve DAO Token Curve DAO Token (CRV) $0.78 ↑ 7.19%
The Graph The Graph (GRT) $0.11 ↑ 8.95%
FLOKI FLOKI (FLOKI) $0.00 ↑ 17.97%
Four Four (FORM) $2.48 ↑ 0.46%
Pudgy Penguins Pudgy Penguins (PENGU) $0.02 ↑ 6.97%
Lido DAO Lido DAO (LDO) $1.02 ↑ 19.84%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 11.15%
IOTA IOTA (IOTA) $0.24 ↑ 9.43%
Theta Network Theta Network (THETA) $0.87 ↑ 11.57%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
Gala Gala (GALA) $0.02 ↑ 15.56%
Ethereum Name Service Ethereum Name Service (ENS) $23.16 ↑ 19.13%
Nexo Nexo (NEXO) $1.28 ↓ -0.15%
Brett (Based) Brett (Based) (BRETT) $0.08 ↑ 35.23%
Tether Gold Tether Gold (XAUt) $3,330.83 ↓ -0.29%
Core Core (CORE) $0.81 ↑ 12.40%
Raydium Raydium (RAY) $2.81 ↑ 6.02%
Walrus Walrus (WAL) $0.62 ↑ 2.87%
Bitcoin SV Bitcoin SV (BSV) $40.72 ↑ 4.62%
The Sandbox The Sandbox (SAND) $0.33 ↑ 12.10%
PAX Gold PAX Gold (PAXG) $3,334.30 ↓ -0.26%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↑ 7.29%
PancakeSwap PancakeSwap (CAKE) $2.29 ↑ 6.96%
Helium Helium (HNT) $4.01 ↑ 4.89%
Kaia Kaia (KAIA) $0.12 ↑ 5.01%
dogwifhat dogwifhat (WIF) $0.73 ↑ 15.68%
Flow Flow (FLOW) $0.43 ↑ 10.22%
Bitcoin Bitcoin (BTC) $102,924.23 ↑ 3.21%
Ethereum Ethereum (ETH) $2,415.12 ↑ 24.77%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.02%
XRP XRP (XRP) $2.37 ↑ 6.90%
BNB BNB (BNB) $632.93 ↑ 2.58%
Solana Solana (SOL) $166.24 ↑ 8.75%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.20 ↑ 12.24%
Cardano Cardano (ADA) $0.79 ↑ 10.77%
TRON TRON (TRX) $0.26 ↑ 3.28%
Sui Sui (SUI) $3.94 ↑ 6.98%
Chainlink Chainlink (LINK) $16.23 ↑ 9.95%
Avalanche Avalanche (AVAX) $23.10 ↑ 10.13%
Stellar Stellar (XLM) $0.30 ↑ 9.26%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 11.23%
Hedera Hedera (HBAR) $0.20 ↑ 7.88%
Bitcoin Cash Bitcoin Cash (BCH) $421.15 ↑ 0.44%
Hyperliquid Hyperliquid (HYPE) $24.88 ↑ 13.93%
Toncoin Toncoin (TON) $3.29 ↑ 5.39%
UNUS SED LEO UNUS SED LEO (LEO) $8.76 ↓ -0.93%
Litecoin Litecoin (LTC) $98.02 ↑ 5.84%
Polkadot Polkadot (DOT) $4.62 ↑ 9.01%
Pepe Pepe (PEPE) $0.00 ↑ 44.64%
Monero Monero (XMR) $302.14 ↑ 3.99%
Dai Dai (DAI) $1.00 ↓ -0.03%
Bitget Token Bitget Token (BGB) $4.52 ↑ 4.61%
Pi Pi (PI) $0.74 ↑ 18.06%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.04%
Uniswap Uniswap (UNI) $6.48 ↑ 24.27%
Bittensor Bittensor (TAO) $439.31 ↑ 8.85%
Aptos Aptos (APT) $5.68 ↑ 11.36%
NEAR Protocol NEAR Protocol (NEAR) $2.89 ↑ 17.74%
OKB OKB (OKB) $54.62 ↑ 5.49%
Ondo Ondo (ONDO) $1.02 ↑ 10.22%
Aave Aave (AAVE) $213.24 ↑ 14.13%
Ethereum Classic Ethereum Classic (ETC) $19.20 ↑ 11.03%
Internet Computer Internet Computer (ICP) $5.30 ↑ 10.03%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $13.87 ↑ 12.86%
Kaspa Kaspa (KAS) $0.10 ↑ 8.98%
Cronos Cronos (CRO) $0.10 ↑ 5.60%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.26 ↑ 11.79%
GateToken GateToken (GT) $21.67 ↑ 0.75%
Mantle Mantle (MNT) $0.77 ↑ 5.36%
Render Render (RENDER) $4.91 ↑ 8.16%
VeChain VeChain (VET) $0.03 ↑ 10.91%
Ethena Ethena (ENA) $0.37 ↑ 23.68%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.08%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.85 ↑ 16.81%
Algorand Algorand (ALGO) $0.23 ↑ 9.66%
Filecoin Filecoin (FIL) $3.00 ↑ 9.10%
Cosmos Cosmos (ATOM) $4.79 ↑ 10.25%
Arbitrum Arbitrum (ARB) $0.37 ↑ 13.05%
Celestia Celestia (TIA) $2.83 ↑ 4.62%
Sonic (prev. FTM) Sonic (prev. FTM) (S) $0.60 ↑ 10.24%
Bonk Bonk (BONK) $0.00 ↑ 10.82%
Worldcoin Worldcoin (WLD) $1.13 ↑ 12.97%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
Maker Maker (MKR) $1,771.27 ↑ 10.48%
Stacks Stacks (STX) $0.97 ↑ 4.79%
Jupiter Jupiter (JUP) $0.51 ↑ 12.46%
KuCoin Token KuCoin Token (KCS) $11.19 ↑ 2.79%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $2.07 ↑ 27.43%
EOS EOS (EOS) $0.86 ↑ 1.77%
Flare Flare (FLR) $0.02 ↑ 3.08%
Fartcoin Fartcoin (FARTCOIN) $1.30 ↑ 18.13%
Story Story (IP) $4.61 ↑ 14.93%
DeXe DeXe (DEXE) $14.77 ↑ 0.35%
Optimism Optimism (OP) $0.73 ↑ 16.01%
Sei Sei (SEI) $0.23 ↑ 11.66%
XDC Network XDC Network (XDC) $0.08 ↑ 2.52%
Immutable Immutable (IMX) $0.64 ↑ 7.19%
Injective Injective (INJ) $11.72 ↑ 13.96%
Quant Quant (QNT) $95.58 ↑ 2.96%
Curve DAO Token Curve DAO Token (CRV) $0.78 ↑ 7.19%
The Graph The Graph (GRT) $0.11 ↑ 8.95%
FLOKI FLOKI (FLOKI) $0.00 ↑ 17.97%
Four Four (FORM) $2.48 ↑ 0.46%
Pudgy Penguins Pudgy Penguins (PENGU) $0.02 ↑ 6.97%
Lido DAO Lido DAO (LDO) $1.02 ↑ 19.84%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 11.15%
IOTA IOTA (IOTA) $0.24 ↑ 9.43%
Theta Network Theta Network (THETA) $0.87 ↑ 11.57%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
Gala Gala (GALA) $0.02 ↑ 15.56%
Ethereum Name Service Ethereum Name Service (ENS) $23.16 ↑ 19.13%
Nexo Nexo (NEXO) $1.28 ↓ -0.15%
Brett (Based) Brett (Based) (BRETT) $0.08 ↑ 35.23%
Tether Gold Tether Gold (XAUt) $3,330.83 ↓ -0.29%
Core Core (CORE) $0.81 ↑ 12.40%
Raydium Raydium (RAY) $2.81 ↑ 6.02%
Walrus Walrus (WAL) $0.62 ↑ 2.87%
Bitcoin SV Bitcoin SV (BSV) $40.72 ↑ 4.62%
The Sandbox The Sandbox (SAND) $0.33 ↑ 12.10%
PAX Gold PAX Gold (PAXG) $3,334.30 ↓ -0.26%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↑ 7.29%
PancakeSwap PancakeSwap (CAKE) $2.29 ↑ 6.96%
Helium Helium (HNT) $4.01 ↑ 4.89%
Kaia Kaia (KAIA) $0.12 ↑ 5.01%
dogwifhat dogwifhat (WIF) $0.73 ↑ 15.68%
Flow Flow (FLOW) $0.43 ↑ 10.22%
Home Cryptocurrency

PEPE Whale Sells 500 Billion Tokens: What Does It Mean for the Price?

Claire Tremblay by Claire Tremblay
14 November 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
illustration showing the recent massive sale of Pepe Coin PEPE by a whale symbolizing high market activity and volatility in meme

Following recent listings on Coinbase and Robinhood, Pepe Coin (PEPE) surged by 75%, capturing significant investor interest. However, major sales by whales suggest a potential correction in the meme coin market, bringing attention to the volatility and increasing volume of this asset class.

Qubetics is 728x90 1 3

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Arweave Surprised Everyone—The Most Popular Cryptocurrency Might Not Be What You Expect This Cycle
    • CZ Says Bitcoin Will Hit $1 Million: Why He Is Doubling Down in 2025
  • PEPE Whale Sells, Sparking Market Reactions
  • Exchange Listings Propel PEPE to New Heights
  • The Risks of FOMO in the Meme Coin Market

YOU MAY BE INTERESTED

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PEPE Whale Sells, Sparking Market Reactions

In the past 24 hours, PEPE has become one of the most discussed assets in the crypto world. After listing on major exchanges like Coinbase and Robinhood, PEPE saw a dramatic 75% increase. However, on-chain data indicates that whales may be taking profits. On November 14, Lookonchain reported that a large PEPE whale sold approximately 500 billion tokens, earning $11.8 million. This investor initially amassed 2.01 trillion PEPE tokens last year for about 1,170 ETH (worth roughly $2.12 million at the time).

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Despite recent sales, the whale still holds 1.48 trillion PEPE, with a market value exceeding $33.2 million. This translates to a 20x profit, yielding a total gain of $45 million since the initial investment.

chart 18

Exchange Listings Propel PEPE to New Heights

The rally in PEPE’s value comes on the heels of high-profile listings on Coinbase, Robinhood, and Upbit, which pushed the coin’s market cap over $10 billion and increased daily trading volume by 200%, reaching $20 billion. The recent meme coin frenzy, especially after Donald Trump’s U.S. presidential win, has also driven gains in other popular meme coins like Dogecoin (DOGE) and Pepe Coin (PEPE), both surging over 100% in a week. Meanwhile, meme coins such as WIF, Bonk (BONK), and Floki Inu (FLOKI) have gained between 60% and 70%.

The Risks of FOMO in the Meme Coin Market

With this rapid rise, the fear of missing out (FOMO) could create a risky environment for investors. Santiment‘s on-chain data reveals that social media interest in meme coins is at an all-time high, indicating the potential for a market correction. Noted economist Alex Kruger commented on this trend, saying, “Crypto is heavily focused on meme coins right now. The interest is there, and exchanges are supporting it. Binance’s listings of PNUT and ACT, along with Coinbase’s listings of PEPE and WIF, reflect this trend.”

For the latest insights on meme coins and crypto market trends, stay tuned to Turkish NY Radio.

Tags: coinbasememe coinPEPErobinhoodwhale
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Claire Tremblay

Claire Tremblay

Hello! I'm Claire, an associate news editor covering breaking news and writing articles about technology for different digital news channels. Currently, I live in Montpellier, France. I love teams. I love leading teams. I love motivating teams. Journalism, at its best, is a team pursuit. Over the years, I have had the privilege to be a key part of teams that have won Pulitzer Prizes, Peabody Awards and Emmy Awards. "Individually, we are one drop. Together, we are an ocean." – Ryunosuke Satoro Areas of journalism experience: News, Business, Blockchain, technology, Artificial intelligence (AI), Internet of things (IoT), Sports, Travel, Food & Wine, Outdoors.

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