A whale only pointed to a Pepe bull? The data in the chain suggest that it is happening

A whale has just arrived at the headlines in the Crypto X community after making the purchase of Pepe larger in Kraken.

However, the decrease in user activity, the main investors they sell and the influence of whales suggests that it could be preparing a pump and risky jump instead of a genuine bull race.

The whale collects $ 16 million in Pepe

The analysis analysis platform in the Lookonchain chain identified the purchase, revealing that a newly created wallet had acquired more than 1.52 billion Pepe tokens worth almost $ 16 million kraken. X User Bike4sai shared that it is an institutional purchase in an important exchange and is among the largest individual transactions in the history of Token.

Community Chatter suggests that this could be the spark that finally sends Pepe to the moon. Analysts point out what they call a “fallen wedge” pattern in the currency table, a technical configuration that often leads to large price jumps.

This is also happening in a context of a broader memes coins, with a feeling of positively turned social networks. September has seen a renewed interest in coins such as Pepe and Little Pepe due to presale impulse.

Cryptography influencers are launching some crazy price goals, ranging from modest 2x or 3x earnings to 100x speculative movements that would put Pepe right there with large dogs.

Something does not add

While most people are excited about this purchase of whales, some red flags are appearing. Third -party data show that user activity is decreasing, with intelligent money and public figures investors that throw their tokens. That is not what you normally see during a true bull race. Large whales are buying, but regular investors are not jumping, which is a recipe for disaster.

When some large players control the market, sudden changes are always a risk. The previous meme coins cycles have clearly demonstrated the pattern: the whales buy, the retail merchants rush, and then the whales are sold, leaving the smallest investors with losses. The current situation around Pepe has similarities.

This record purchase in Kraken may not indicate the start of a bull execution. Instead, I could be positioning for a bomb and diver, with the whale using exaggeration to attract interest before selling in the impulse.

In general, the main investors avoid movements that attract this attention. Only time will say if this whale Kraken has genuinely started the next great Pepe Rally, or if retail investors are about to learn another painful and expensive lesson about following the movements of blind whales.