🐸🚀 The Memecoin Whale's Patience Has Ended 🐸🔥
While the cryptocurrency market is in a general up wave right now, it is worth noting that a whale has made a large profit from a popular memecoin.
According to Onchain data, a giant PEPE whale deposited a large amount of PEPE tokens into Binance. While it cannot be determined with certainty whether the deposit was sold or not, since the whale stored his tokens in a cold wallet for a long time, it is highly likely that the transaction was for a sale.
The PEPE whale in question bought 365.96 billion tokens on the MEXC cryptocurrency exchange on December 13 and 16, 2023, representing $494 thousand at the time.
Balina Wallet transferred the same amount of PEPE tokens to Binance in its deposit today. This time the value of the token is 5.3 million USD. In other words, the whale wallet turned $494k into $5.3 million in less than 6 months.
The total profit of Balina wallet is $4.82 million and the profit rate is 976%. Although the PEPE price fell about 8% last week, it saw an impressive 65% increase in the last month. #Write&Earn $PEPE