Whale Holdings Increase as PEPE Climbs 3%, While Crypto Markets Shrug Off Trade Tariff Worries

Whale Investors Boost PEPE Holdings as Meme Coin Climbs 3% Despite Market Jitters

Large holders, often called whales, have been steadily increasing their positions in PEPE (PEPE), accumulating 1.75% more tokens to reach a total of 303 trillion. Meanwhile, the supply of PEPE sitting on crypto exchanges has dropped by 2.9% over the past month, according to data from Nansen.

In the last 24 hours, PEPE has gained around 3%, fluctuating between $0.0000099035 and $0.0000102814, before ticking higher to $0.00001043. Despite this narrow trading range, market activity has remained lively, with traders swapping as much as 5.64 trillion tokens during the busiest hour, based on figures from CoinDesk Research’s technical analysis model.

The combination of whale accumulation and reduced exchange balances points to growing demand and a tightening supply of available PEPE tokens.

Throughout the session, PEPE held support above $0.000010200, with periodic bursts of buying pushing prices upward.

This upward momentum comes amid a broader recovery across altcoins, with the CoinDesk 20 Index rising 2.6% in the past day. The rally continues even as markets digest news of U.S. President Donald Trump’s new tariffs, set to begin on August 1.

Despite its gains, PEPE, like other meme coins, remains highly volatile, driven by social media trends and speculative trading.