According to cryptocurrency onchain data, a fresh whale wallet that was recently created purchased a significant amount of an altcoin. According to the data, in today's transactions, the crypto whale with the short address 0x6ea withdrew 1.79 trillion PEPE tokens worth $22.35 million via Binance. With the decrease in the price of PEPE after the whale purchased the wallet, at the time of writing this article, this whale has $21.9 million worth of PEPE in its crypto wallet. PEPE price has lost 8% in the last 24 hours and is currently trading at $0.00001222. The decline came during a general decline on the altcoin side, but PEPE was one of the biggest cryptocurrencies that was most affected by these losses. Among the top 100 cryptocurrencies, Pi Coin lost the most value with 11%. The sharp declines were concentrated in memecoins. The data also revealed that a few hours before the first whale’s transaction, the whale with the short address 0xaca purchased 96.9 billion PEPE tokens worth $1.28 million via cryptocurrency exchange Kucoin. *This is not investment advice.