According to data provided by the on-chain analysis platform Lookonchain, a newly opened wallet has purchased Pepe (PEPE) worth millions of dollars.
The data revealed that the address in question received 357 billion PEPE worth $2.9 million through the cryptocurrency exchange Binance.
The new address was purchased on May 9 at an average price of 0.000008200 dollars. With the purchase of millions of dollars at these prices, Balina has demonstrated its obvious upward expectation in PEPE.