A cryptocurrency whale earned millions of dollars by investing in 3 altcoins 🐳
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According to data from the on-chain analysis platform Lookonchain, a cryptocurrency whale earned significant profits from investments in 3 altcoins.
The whale made a profit of $2.17 million from his Pepe (PEPE) investment, $663 thousand from his Pepecoin investment, and $110 thousand from his Joe (JOE) investment.
The whale spent $250,000 to purchase 160.62 billion PEPE on December 6 and 7, 2023. After months of holding and an increase in value, the whale sold all his PEPE assets for $2.42 million, making a profit of $2.17 million.
Similarly, the whale invested $25,000 to buy 139,822 Pepecoin on December 6, 2023. On May 26, he sold 25,000 of these assets for $113,000, leaving him with 114,822 Pepecoin. This investment yielded a profit of $663,000, with the potential for more if the remaining assets appreciate in value.
The whale spent $63.4K to purchase 7.15 million JOE between November 13 and December 4, 2023. So far, he has held onto this investment patiently and has realized a profit of $110,000, though he hasn't sold any JOE yet.
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