According to Lookonchain, a major whale has purchased an additional 500 billion PEPE tokens, valued at $4.36 million, bringing their total holdings to 2 trillion PEPE tokens, worth approximately $17.42 million (source: Lookonchain on X). This substantial accumulation demonstrates strong investor confidence and could indicate renewed bullish momentum for PEPE in the cryptocurrency market. Traders should monitor PEPE price action closely as large whale activity often precedes increased volatility or upward movement in meme coin sectors.