During a market dip, crypto whales have displayed significant interest in the Pepe (CRYPTO:PEPE) meme coin, acquiring over $8 million worth of it.

Notably, investment firm Nascent acquired 447.67 billion PEPE from Binance, becoming the largest asset in its portfolio.

Another whale purchased 231.64 billion PEPE from Kraken, adding to a series of significant acquisitions since March.

Despite recent price consolidation and fluctuations, PEPE remains resilient, with strong support around the $0.00001218 area, trading at $0.00001246 at the time of writing.