Super Pepe Coin whale sold 130 billion PEPE and turned to EIGEN
Hey, everyone, the cryptocurrency market is very lively this week! A big whale in Super Pepe Coin suddenly turned and drew everyone's attention to EIGEN.
Speaking of which, this big whale has been making continuous moves on the chain, selling 130 billion US dollars of PEPE in one go! At the same time, it was busy buying more than 200,000 Ethereum tokens to diversify its investments. It was really cunning.
As soon as the meme coin fell, the tokens of the EigenLayer ecosystem rose. The two sang in unison, making everyone guess about the future trend.
According to Spot On Chain data, on November 25, this super whale sold 740.7 billion Pepe Coins at a price of 448.1 Ethereums, earning $1.53 million. What's more, it had previously sold 130.2 billion memes and earned $2.71 million! Although this sell-off made the market a little nervous, this big whale still holds 3.241 trillion Pepe Coins, with a profit of 12.6 times, a full $68.3 million!
However, this whale was not idle, and turned around and bought 217,348 EIGEN tokens with 181.3 Ethereum. Now it has 160.8 EigenLayer tokens, worth $4.31 million!
As soon as this transaction was made, the tokens of the EigenLayer ecosystem were very popular, and everyone was optimistic. The price trends of PEPE and EIGEN are completely different. One fell and the other rose, which is really unpredictable.
The price of PEPE fell 2% during the session and 5% in a week. The current trading price is $0.00002026. As for EIGEN, it rose nearly 7% during the session and 23% in a week, reaching $3.06!
Although participants in the cryptocurrency market are still optimistic about Ethereum tokens, the large holdings of PEPE still cast a veil of mystery over its future price trend.
Interestingly, CoinGape Media recently analyzed that the target price of Pepe coin is $0.000025, and there is still great potential for growth! This frog-themed cryptocurrency price chart also shows a bullish technical pattern, which is really exciting.
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