According to Lookonchain, a major PEPE whale has acquired an additional 500 billion $PEPE tokens valued at $4.36 million, bringing their total holdings to 2 trillion $PEPE worth $17.42 million. This substantial accumulation indicates heightened institutional interest and may suggest increased price volatility and liquidity for PEPE in the short term. Traders should monitor whale activity closely as such large-scale purchases can lead to rapid price movements and influence broader meme coin trends in the crypto market. (Source: Lookonchain via Twitter)

According to Ai 姨, $STONKS confirmed a Twitter account hack which led to its market value plummeting from $84.25 million to around $100. However, buying activity resumed in the afternoon, marking the beginning of the CTO's second phase. The market value climbed back to $19.5 million, with significant purchases made by top three whales at a low of $0.01473 in the past three hours.