Buy $GGsPopular Whale Acquires 66 Billion PEPE Tokens In Just 03 Days
Former Taiwanese-American musician and tech entrepreneur Jeffrey Huang, also known as Machi Big Brother purchased 6 billion PEPE tokens for $12,000 USD, just a few hours ago. Huang has a controversial history in the crypto space, having previously embezzled 22,000 ETH from Formosa Financial and launching multiple failed pump-and-dump tokens and NFT projects.
Machi Big Brother’s Bet On PEPE?
According to a transaction record on Arkham, Machi Big Brother, a well-known NFT mogul, purchased 5 billion $PEPE tokens for $9,100 USD approximately 14 hours ago through a Uniswap V2 Pool. This was followed by a 6B token purchase, worth $12,000 USD, just four hours ago.
The transaction was made through his Ethereum address ‘machibigbrother.eth’ and the PEPE tokens were purchased at an unknown average price.
This is not the first time that Machi Big Brother has made a large purchase in the crypto space, as he has acquired over 66 billion $PEPE tokens in the past three days with a total investment of 73.4 ETH.
On April 23rd, Machi Big Brother took to Twitter and rejected claims that he was the founder of Nakamigos or the $PEPE token.
Stop spreading fud. I was not the founder of Nakamigos or $PEPE. It was Beeple/Yuga.
Skeptical Crypto History Raises Brows
Jeff Huang’s involvement in two projects, Mithril and Formosa Financial, both of which raised funds through initial coin offerings (ICOs) in 2018 raises questions about his involvement with misleading projects. Jeff Huang has been collecting NFTs for several years and has a vast collection, which includes rare pieces such as CryptoPunks and Bored Ape Yacht Club NFTs. Huang has also launched his own NFT collection called “Huang’s World.
Given his past, it’s possible that Machi Big Brother’s acquisition of $PEPE could be an attempt to manipulate the market and create a pump-and-dump scenario. Alternatively, he could genuinely believe in the future potential of the token and its use cases in the growing NFT market.
With this latest move, many are wondering what Machi’s next move will be and what it means for the future of $PEPE and the wider crypto market.
Play 10,000+ Casino Games at BC Game with Ease
- Instant Deposits And Withdrawals
- Crypto Casino And Sports Betting
- Exclusive Bonuses And Rewards
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Bitget Rolls Out Group-Based Maker Rates to Boost Liquidity Across Spot and Futures
- Kraken Gains Access To The Federal Reserve’s Payment System as Ripple Awaits Approval
- “There Is Only One Gold,” Billionaire Ray Dalio Says Amid BTC’s Quantum Threats
- Goldman Sachs CEO Predicts ‘Weeks’ of Crypto Market Crash as U.S Iran War Continues
- Polymarket Axes ‘Nuclear Detonation’ Prediction Market Amid Public Fury
- Robinhood Stock Price Prediction As Cathie Wood Buys $12M Dip in Bold ARK Move
- Bitcoin Price At Risk? Professor Who Predicted US-Iran War Says America Could Lose
- Gold Price Prediction March 2026: Rally, Crash, or Record Highs?
- RIOT Stock Prediction as Needham, Piper Sandler Slash Target After Earnings
- Cardano Price Outlook As Charles Hoskinson Warns Over CLARITY Act
- Circle Stock Price Climbs 15% to $96, Can Rally Continue in March 2026?
