Whale Accumulates 800 Billion PEPE in a Week, Drawing Market Attention

In April 2026, large-scale whale accumulation activity was observed in the Pepe market. According to on-chain data, major investors accumulated more than 800 billion PEPE tokens over the past week.

Single Whale Purchases Approximately $3.08 Million Worth

A specific wallet address purchased approximately 800 billion PEPE tokens, valued at around $3.08 million. This transaction marks its first re-entry into the market in about eight months.

The same wallet had previously accumulated around 600 billion PEPE in August 2025. With this latest purchase, it is understood that the investor lowered its average entry price.

However, the position is currently estimated to be at an unrealized loss of more than $5 million.

Exchange Withdrawal and Market Activity

On-chain data shows that the tokens were withdrawn from Coinbase Prime on April 23 and transferred to a private wallet, a movement generally associated with holding rather than immediate selling.

During the same period, the price of PEPE declined by approximately 4–5%, while trading volume increased by around 72% compared to average levels. Market data reflects a combination of price decline, rising volume, and continued whale accumulation.

Key Price Range and Market Focus

The transfer of 800 billion tokens is considered one of the largest single PEPE movements recorded in 2026, drawing attention as a notable sign of large investor activity.

Currently, PEPE is trading within the range of approximately $0.0000037 to $0.0000041, which is identified as a key resistance zone. Market participants are closely monitoring this range as a potential indicator of future price direction.