A crypto whale has transferred 4.23 trillion PEPE coins, worth $15.6 million, to the Binance exchange just before the meme coin was listed on the exchange. The whale could potentially sell these coins later, which could trigger a price crash for PEPE. Despite this, the price of PEPE has seen a surge of over 830% in the past seven days, as it is drawing more attention from investors and traders. Its market capitalization has surpassed $1 billion after being listed on Binance on May 5.

A crypto whale exchanged almost all of their assets for PEPE Coin, a new memecoin that has seen massive demand in the past week. The trades, made around 15 hours ago, resulted in over $1 million worth of profit. The whale exchanged 20.62 WBTC worth $590,000, 17 billion CULT worth $90,000, 44,194 UNI worth $235,000, and 19.96 ETH worth $37,000 for 1.72 trillion PEPE worth $2.19 million currently. The buying price of PEPE for the whale was around $0.0000005533, resulting in a profit of approximately $1.23 million. Meanwhile, the crypto market has recovered slightly from recent losses, with the Bitcoin price rising by over 2% in the last 24 hours, raising hopes of a jump above the $30,000 level after the US Federal Reserve announced a 25 bps target rate on expected lines.

Pepe the memecoin has been all the rage in recent days after the price skyrocketed more than 250% in the last week. At the same time, pepe's market capitalization surged to $582 million on Tuesday before whipsawing to $397 million on Wednesday. 

A major Shiba Inu whale has added $1.55 million worth of SHIB in the past 24 hours, according to Etherscan.io data. The whale purchased a total of 150.55 billion SHIB in three separate transactions, with the largest transaction worth $1.11 million. The top SHIB whale now holds 5.17 trillion SHIB, worth $53.33 million. In addition, the Shiba Inu community burned 1 million SHIB in one transaction in the past 24 hours, causing the overall burn rate to exceed 1998.02% compared to the previous day. As of press time, Shiba Inu is trading at $0.00001029, up 0.44% over the last day with a 24-hour trading volume of $98.03 million.

Binance, the largest crypto exchange by volume, announced the launch of a perpetual futures contract for NFT marketplace Blur's governance token with up to 20x leverage. However, the response from large token holders, or whales, has been mixed. One whale purchased 1.39 million Blur governance tokens for $1 million, while another sold 1.77 million tokens for $1.2 million, incurring a loss of approximately $295,000. Blur has seen declining volumes in recent weeks, with some claiming that the NFT marketplace marketed for professional traders is not particularly friendly for mainstream NFT traders. Rival NFT aggregator OpenSea Pro has seen significant increases in active addresses and transaction volumes, comprising 70% of the market in terms of daily active users. However, Blur has a slight lead in daily volume share among NFT aggregators at 51% to OpenSea Pro's 46%.

Crypto whales are individuals or entities who hold large amounts of cryptocurrency, having amassed their substantial holdings through early investments, mining, or other means.

Since Arbitrum began distributing governance tokens to decentralized autonomous organizations (DAOs), some large token holders, commonly known as whales, have been adding to their stacks. One address holding 1.95 million Arbitrum governance tokens, worth roughly $2.7 million, received nearly $200,000 in ARB from Binance. Another address holding 1.78 million governance tokens, worth $2.5 million, spent 80 ETH on buying roughly $146,000 worth of ARB. Arbitrum designated 1.13% of the overall 10 billion governance token supply to be distributed among qualifying projects in the ecosystem, including Uniswap, Sushi, Aave, GMX, Hop Protocol, Radiant Capital, Balancer, Synapse, MakerDAO, Curve, Layer Zero and 1inch.

A Dogecoin whale has transferred around 151 million DOGE, worth nearly $12.1 million, from Binance to an unknown wallet, which could be seen as a bullish sign for the cryptocurrency. The transfer, known as an exchange outflow, suggests that the whale is accumulating DOGE at relatively low prices. However, it is also possible that the transfer was made for selling through peer-to-peer deals, which could lead to bearish price action for Dogecoin. Currently, DOGE is trading at around $0.078, down 16% in the last week.

April 24 (Cointime) - According to Whale Alert, a dormant address containing 1,000 BTC (27,456,958 USD) has just been activated after 12.0 years and transferred 400 Bitcoin.

April 23 (Cointime) - According to Lookonchain (@lookonchain), three whales, who are likely the same person, have made significant deposits in Ethereum (ETH) and Wrapped Bitcoin (WBTC) on DeFi protocols.