Two Whale Wallets Open Simultaneous 10x PEPE Longs Worth $3.37M

A pair of crypto wallets opened coordinated 10x leveraged long positions on $PEPE at the same time, accumulating a combined 924.7 million kPEPE — equivalent to roughly $3.37 million in notional exposure. The simultaneous entry, flagged by on-chain perp tracker HypurrScan, points to either a single actor splitting risk across two addresses or two traders acting on the same signal at the same moment.

At 10x leverage, the position amplifies any upside move in PEPE significantly, but also carries meaningful liquidation risk on a reversal. Coordinated whale entries of this size on a meme-derivative perp are typically read by the market as a short-term directional conviction bet — worth watching for follow-through or a rapid unwind.

Source: [HypurrScan Beta](https://hypurrscan.io/address/0xdfe25cd6745aca3bdb94499b0a71a8f3356b0f1f#perps)