New Address Accumulates PEPE Tokens Amid Market Fluctuations

According to BlockBeats On-chain Detection, a new cryptocurrency address, identified as 0x122...002bA, has been actively accumulating PEPE tokens. The address initially acquired PEPE tokens yesterday and reportedly increased its holdings early this morning. In the past 10 hours, the address withdrew 107.8 billion PEPE tokens from a centralized exchange (CEX), valued at approximately $1.21 million. Currently, the address holds a total of 218.6 billion PEPE tokens. Based on the withdrawal price, the average cost per token is estimated at $0.00001173. Despite the accumulation, the address is experiencing an unrealized loss of $140,000, reflecting the volatile nature of the cryptocurrency market.