Despite PEPE's (CRYPTO:PEPE) price declining by 22% in the past month, whale investors have significantly increased their holdings to all-time highs.

This surge in holdings coincides with a notable uptick in daily active addresses by 105% and new addresses by 300% over the past week, indicating growing interest amidst market volatility.

While whale activity suggests optimism for potential price recoveries, caution remains advised due to the prevailing bearish trend.

Investors should stay informed about market dynamics and consider the risks involved in navigating the unpredictable crypto landscape.