Crypto Whales Buying Bitcoin in Bulk
Despite the recent downturn in crypto, Pepe Unchained is soaring in popularity. The project has raised over $17 million in early funding, and like BTC, $PEPU blockchain data also revealed a few whale investors.
Just yesterday, a whale bought 21.75 ETH worth of PEPU tokens, which comes to around $51,100.
This wasn’t the only one – two other transactions of $56,000 and $25,990 from big players were also recorded.
The reason behind whale investments is that Pepe Unchained isn’t just riding on hype, it’s bringing advanced technology to the table with its Layer-2 solution called “Pepe Chain.”
This technology aims to solve Ethereum’s scaling issues by making transactions faster and cheaper, all while staying within the Ethereum…