According to Odaily Planet Daily, a newly created address has built a position of $77.87 million worth of altcoins and ETH in the past 50 minutes. Currently, the top three tokens held by this address are ETH (31.17 million US dollars), PEPE (9.9 million US dollars), and SHIB (9.69 million US dollars). However, judging from the on-chain data, this operation does not seem to be a whim. The address started transferring in and out of small test exchanges as early as six days ago.