According to 0xScope monitoring, PEPE, one of the hottest meme coins in the market, built a pool on Uniuswap within 5 minutes, and more than 20 addresses spent no more than 0.02 ETH to purchase a large number of PEPE tokens.
After collecting these addresses and counting their holdings, 0xScope found that they hold a total of 50 trillion PEPE tokens, accounting for about 11.9% of the total supply, with a current total value of over 17 million US dollars.
Since the buying time was quite early, and most of the funds in these addresses came from non-custodial trading platforms such as Fixedfloat that can hide capital flows, 0xScope stated that it does not rule out that these addresses belong to insiders.