Recent activity in the cryptocurrency market highlights significant movements among memecoins, particularly $PEPE and $swarms. A notable whale sold 110 billion $PEPE for approximately 1.916 million USDC, incurring a loss of $1.31 million, after initially purchasing 265.8 billion $PEPE for $4.666 million in December 2024. Currently, the whale holds 20 billion $PEPE valued at $0.35 million. Another whale has been actively trading $swarms, selling 5 million $swarms for 7,232 SOL, worth about $1.35 million, while retaining 15 million $swarms valued at $4.02 million, resulting in total profits of $4.9 million. In the broader stablecoin market, Circle recently minted $250 million USDC on the Solana network, contributing to a net increase of $1 billion in USDC circulation over the past week. This uptick in stablecoin activity coincides with a rise in new $PEPE holders, indicating a market rebound following a recent dip.