According to Odaily, a newly created address, identified as 0x4fd...4271E, has accumulated altcoins and Ethereum (ETH) worth $77.87 million within the past 50 minutes. The top three tokens held by this address are ETH valued at $31.17 million, PEPE worth $9.9 million, and SHIB valued at $9.69 million.
However, an analysis of the blockchain data suggests that this activity is not a spur-of-the-moment decision. The address had begun conducting small-scale test transactions six days prior to this large-scale accumulation. This indicates a calculated and strategic approach to the accumulation of these digital assets.