Whale, Who Earned $60 Million on PEPE Coin, Bought 2 Altcoins for a New Profit!

A successful cryptocurrency whale attracted attention today with millions of dollars of Ethereum-based altcoin investment.

After the US Securities and Exchange Commission (SEC) approved the Ethereum ETF, the S-1 file was pending. It is estimated that with the S-1 approval, spot Ethereum ETFs will begin trading and the prices of Ethereum-related altcoins will increase.

On-chain data and analysis account Lookonchain, in its post shared via Twitter on June 17, included two altcoin purchases made by a successful and smart whale.

The whale, which previously earned $60 million with a profit of 288% from Ondo Finance, 72% from BEAM and 1200% from Pepe (PEPE), today has 40,694 with 328 Ethereum, which corresponds to $1.2 million with an average of $29.2. Rocket Pool (RPL) made the acquisition.

The whale in question also invested in the similar project Lido DAO (LDO), which is seen as the treasure of Ethereum. Whale spent $181,000 to buy 82,136 LDOs, with an average of $2.21.