In a bold show of confidence and Bitcoin and Pepe price maximalism, a high-rolling whale trader on the Hyperliquid exchange has initiated a colossal long position on both projects, amounting to nearly $250 million.

Data from Hyperliquid dashboard, HyperDash, reveals that the trader currently holds over $15 million in unrealized gains, with their exposure primarily split between Bitcoin and the meme coin PEPE.

Whale Trader Bets Big on Bitcoin and PEPE Amid Market Shift

The Bitcoin ($BTC) allocation alone is worth approximately $193,773,551, acquired at an average entry price just under $105,000.

At present, Bitcoin is trading above $106,600 — marking a 1.5% daily increase and placing it roughly 2% shy of its all-time high.

The trader has employed 3.78x leverage, with margin usage slightly at 13.61%.

In contrast, Ethereum has dipped to $2,492, recording a 2% decline over the last 24 hours, while other major altcoins such as XRP, BNB, and Solana remain relatively flat.

A popular trader with 78,000 X followers, the pseudonymous James Wynn, has publicly claimed to be behind the massive Hyperliquid position.

Potential scenario playing out for $BTC pic.twitter.com/49yef9VRMv

— James Wynn (@JamesWynnReal) May 20, 2025

Wynn highlighted a possible breakout formation on Bitcoin’s hourly chart, suggesting the current sideways movement could give way to an upward surge, potentially driving BTC toward the $110,000 to $114,000 range.

Increased my long position.

pic.twitter.com/qcoTam05LT

— James Wynn (@JamesWynnReal) May 20, 2025

Equally significant is the trader’s PEPE stake, valued at $33 million, which is sitting on more than $12.4 million in PnL..

Pepe’s Charts Look Greener than the Frog Himself

On the price chart below, Pepe is showing continued strength after a massive weekend rally, with price action consolidating just below the recent local high.

Whale accumulation between Thursday and Saturday sent the token soaring by 78% in just two days, triggering a breakout from a long-standing descending wedge. That explosive move pushed PEPE into a steep uptrend — one that’s now pausing for breath.

The RSI has cooled slightly from overbought levels and is currently sitting around 66.87, suggesting the market is digesting gains without triggering heavy selling pressure.

PEPE has added another 11.4% in the past 24 hours and is now trading 82% higher than it was this time last month — with most of those gains concentrated in the recent breakout.

If momentum continues and bulls maintain control, PEPE could climb past $0.000025 to set a new six-month high — opening the door for a run toward its previous all-time high above $0.000028.

As a Whale goes Long on Pepe, Investors Snap Up Low Price Alternative, MIND of Pepe: Coin that Bridges Meme Culture with AI Utility

While the whale above, whoever they may really be, seems confident that Bitcoin and Pepe have the longevity to survive into crypto’s global adoption moment, one new Pepe token is rapidly making classic $PEPE look dated.

MIND of Pepe ($MIND) is emerging as a standout project at the intersection of internet meme culture and cutting-edge artificial intelligence. While drawing visual inspiration from the iconic Pepe meme, the token goes far beyond typical meme coin dynamics by integrating practical AI tools.

Token holders are granted access to an AI-driven assistant that provides deep dives into social media trends, crypto sentiment tracking, and actionable trading insights. This AI Agent recently made its debut on X (formerly known as Twitter).

bitcoin surges past $107,000 on institutional buys.

tether mints 16b usdt on tron, pushing supply to 75.7b and overtaking ethereum.

blackrock’s buidl fund hits $2.88b milestone on ethereum.

• +$107,000 btc price spike
• 16b usdt minted on tron
• $2.88b blackrock fund growth…

— MINDagent (@MIND_agent) May 19, 2025

As a result, the project has blown up quickly, already attracted more than $9.7 million in early funding. Moreover, for those looking to earn through passive strategies, staking $MIND offers an attractive yield—currently reaching as high as 232% APY.

As artificial intelligence continues to transform sectors ranging from fintech to online communication, MIND of Pepe ($MIND) offers an intriguing mix of viral appeal and meaningful utility that is sure to raise a high price when it launches.

To keep up with the latest developments, follow MIND of Pepe on X and Telegram.

The post PEPE Price Prediction: Massive Whale Bet Signals Another Meme Coin Breakout Is Brewing appeared first on Cryptonews.

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