How Whale Moves, Volatility, and Global Crypto Adoption Drive Market Trends

2 Trillion PEPE Transferred from Bybit Amid Price Surge

A remarkable transaction has shaken the meme coin market, as reported by U.Today. Whale Alert, a well-known blockchain tracker, revealed that 2,000,000,000,000 PEPE tokens, valued at $27,887,373, were transferred from the Bybit exchange to an unknown wallet. This move occurred during a period of significant price volatility for PEPE, which recently experienced a 50% price surge, effectively erasing a zero from its price.

The surge in activity follows a series of large-scale accumulations by so-called "whales." Over the past 24 hours, 11.75 trillion PEPE have been transferred, indicating heightened interest from major traders. Between May 21 and May 23, PEPE's price increased by 23%, reaching a local peak of $0.00001606, before dropping nearly 19% to $0.00001303. On Monday, the coin rebounded by 12%, then dipped 6%, and has since recovered by 4.44% to $0.00001413 per coin.

Transaction	Amount	Value (USD)	Price Movements
PEPE transfer from Bybit	2,000,000,000,000	$27,887,373	+50% surge, -19% drop, +4.44% recovery

Additionally, trader James Wynn reportedly went long on PEPE with 10x leverage, achieving an unrealized profit of $130,000 before closing part of his position and taking a $4.4 million loss to reduce liquidation risk. In parallel, a new Bitcoin whale absorbed $133,506,249 worth of BTC (1,228 BTC) in a single transaction, with Bitcoin trading at $109,693 per coin at the time.

2 trillion PEPE transferred from Bybit to an unknown wallet
PEPE price volatility mirrors Bitcoin's recent trajectory
Significant whale activity in both PEPE and Bitcoin markets

Key Takeaway: Massive PEPE and Bitcoin transfers signal increased whale activity and market volatility, with PEPE showing sharp price swings and Bitcoin maintaining strong institutional interest. (Source: U.Today)

Blockchain.com Targets African Expansion Amid Regulatory Developments

According to Bloomberg.com, Blockchain.com, a UK-based crypto exchange, is actively seeking to expand its operations in African countries that are beginning to implement regulatory frameworks for the crypto industry. The company is focusing on growth in Ghana, Kenya, and South Africa, and is planning to open a physical office in Nigeria this quarter. Nigeria is described as Blockchain.com's "fastest-growing market" in West Africa, as stated by Owenize Odia, the general manager for Africa operations.

Expansion targets: Ghana, Kenya, South Africa, and Nigeria
Nigeria identified as the fastest-growing market in West Africa
Expansion driven by emerging regulatory clarity in the region

Key Takeaway: Blockchain.com is leveraging new regulatory frameworks to expand its presence in Africa, with a particular focus on Nigeria's rapidly growing crypto market. (Source: Bloomberg.com)

Global Crypto Ownership Rises in 2025, Led by the UK

A recent survey by Gemini, as reported by CoinDesk, shows a notable increase in global crypto ownership in 2025. The UK leads this trend, with ownership rising from 18% in 2024 to 24% in 2025. France also saw an increase to 21% (from 18%), while the US reached 21%. Singapore remains at the forefront with 28% ownership, up from 26%.

The survey highlights that memecoins are a significant entry point for new investors. In the US, 31% of those who own both memecoins and traditional crypto started with memecoins. Similar patterns are observed in Australia (30%) and the UK (28%). Globally, 94% of memecoin holders also own other crypto assets.

Country	Crypto Ownership 2024	Crypto Ownership 2025
UK	18%	24%
France	18%	21%
US	-	21%
Singapore	26%	28%

Spot crypto ETFs are also gaining traction, with 39% of US crypto investors holding ETFs (up from 37%). Italy leads with 47%, followed by the UK (41%), Singapore (40%), Australia (38%), and France (32%). The survey included 7,205 consumers from the US, UK, France, Italy, Australia, and Singapore between March and April 2025.

UK crypto ownership up to 24%
Memecoins drive new investor entry
Spot crypto ETFs increasingly popular

Key Takeaway: Crypto adoption is accelerating globally, with the UK and Singapore leading, and memecoins and ETFs playing a pivotal role in attracting new investors. (Source: CoinDesk)

Massive Bitcoin Transfer from Coinbase Institutional

Investing.com reports that Whale Alert has tracked a significant Bitcoin transaction involving Coinbase Institutional, the largest US crypto exchange by trading volume. The transfer involved 619 BTC, valued at $68,110,766 at the time. Following this, an even larger transaction was observed: 8,022 BTC, worth $878,917,974, were withdrawn from Coinbase to an anonymous wallet.

These transactions consisted of several tens of transfers, each carrying roughly 200 BTC, all directed to a single wallet. The activity comes as Bitcoin's price dropped below $110,000, with the coin trading at approximately $109,590.

Transaction	Amount (BTC)	Value (USD)
Initial transfer	619	$68,110,766
Subsequent transfer	8,022	$878,917,974

Large-scale Bitcoin withdrawals from Coinbase Institutional
Bitcoin price below $110,000 during transfers

Key Takeaway: Whale activity on Coinbase Institutional highlights ongoing institutional interest and significant capital movement in the Bitcoin market. (Source: Investing.com)

Alchemy Pay Integrates PayID and Expands in Australia

The Paypers reports that Alchemy Pay has integrated PayID and expanded its services in Australia after registering as a Digital Currency Exchange Provider (DCEP) with AUSTRAC, the Australian government financial intelligence agency. This regulatory approval allows Alchemy Pay to offer fiat-crypto exchange services in Australia, enhancing its ability to serve local users with minimized fees, efficient processing times, and higher transaction success rates.

PayID, known for its real-time processing capabilities, is increasingly adopted for domestic transactions in Australia. By integrating PayID, Alchemy Pay aims to simplify the onboarding process for Australian users and support the expansion of crypto projects in the region. Prior to AUSTRAC approval, Alchemy Pay also secured Money Transmitter Licences in Minnesota, Oklahoma, Oregon, and Wyoming, aligning with its strategy to comply with state-specific regulations in the US.

Alchemy Pay registered as DCEP with AUSTRAC
Integration of PayID for real-time AUD-to-crypto transactions
Regulatory compliance in both Australia and select US states

Key Takeaway: Alchemy Pay's regulatory approvals and PayID integration position it as a leading crypto payment provider in Australia, supporting both local users and Web3 projects. (Source: The Paypers)

Binance Launches Live Trading Feature on Binance Square

According to Cointribune, Binance has introduced a groundbreaking feature called Live Trading on its Binance Square platform. This innovation enables users to trade cryptocurrencies in real time during live broadcasts, merging learning, interaction, and investment within a single interface.

With Live Trading, users can follow traders as they execute transactions, comment on their strategies, and display up to 100 past transactions. Content creators can share new trading strategies, and viewers can place buy or sell orders with a single click. Binance offers up to 50% commission on generated trading fees, incentivizing crypto influencers to participate.

Live Trading integrates real-time trading and streaming
Creators can display up to 100 past transactions
Viewers can trade instantly during live sessions
Commission of up to 50% for content creators

Binance also supports small content creators through an incubation program, aiming to democratize financial knowledge and foster a more interactive crypto community.

Key Takeaway: Binance's Live Trading feature redefines crypto trading by combining education, community, and real-time investment, potentially setting a new standard for the industry. (Source: Cointribune)

Sources: