Corporate Whale Pepe Coin Hit Hundreds of Thousands of Dollars in 6 Days with its ATH!
Institutional investor BlockTower Capital made serious profits in a short time thanks to the rising meme coin.
According to data cited by on-chain analysis platform Lookonchain, institutional investor BlockTower Capital started selling as the price of Pepe (PEPE) exceeded $0.000014.
The data revealed that the company in question sold 202 billion PEPE worth $2.8 million through market maker Cumberland.
The company had purchased 202 billion PEPE worth $2.22 million through Cumberland 6 days ago.
PEPE, which rose in line with the spot ETF expectations for Ethereum, left BlockTower Capital with a profit of 578 thousand dollars in just 6 days.
According to CoinGecko data, PEPE, which has increased by 25% in the last 24 hours, is traded at $ 0.0000137 at the time of writing.