PEPEWhalePurchase
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Two significant investors, referred to as "whales," have recently acquired a substantial amount of Pepe (PEPE) tokens, totaling 56.02 billion.
This development was brought to light by the cryptocurrency analysis platform Spot On Chain, sparking widespread interest and conjecture within the community. The acquisitions coincided with a notable 11% surge in PEPE prices over the past 24 hours, indicating a strategic maneuver to leverage market volatility.The first investor, identified solely by the blockchain address 0xd93, invested $3.86 million predominantly in USDC and WTAO.
Notably, this trader has previously realized profits exceeding $2.52 million from PEPE trading activities. On the other hand, the second investor, known by the address 0x522, took a different approach by exchanging $1.12 million worth of Shiba Inu (SHIB) and $224,000 in ETH for 100 billion PEPE tokens through Binance.
Currently holding an impressive 300 billion PEPE tokens valued at $2.46 million, the second investor has seen an estimated total profit of $4.27 million, resulting in a remarkable yield of 145%. These transactions have ignited intense discussions in the cryptocurrency sphere.
Analysts and enthusiasts are closely monitoring the market dynamics following these significant acquisitions, with some interpreting them as a sign of growing confidence in PEPE that could potentially attract more interest and investment in the token. However, there are also voices of caution highlighting the inherent unpredictability of the market.
$PEPE #HotTrends #PEPEWhalePurchase
This development was brought to light by the cryptocurrency analysis platform Spot On Chain, sparking widespread interest and conjecture within the community. The acquisitions coincided with a notable 11% surge in PEPE prices over the past 24 hours, indicating a strategic maneuver to leverage market volatility.The first investor, identified solely by the blockchain address 0xd93, invested $3.86 million predominantly in USDC and WTAO.
Notably, this trader has previously realized profits exceeding $2.52 million from PEPE trading activities. On the other hand, the second investor, known by the address 0x522, took a different approach by exchanging $1.12 million worth of Shiba Inu (SHIB) and $224,000 in ETH for 100 billion PEPE tokens through Binance.
Currently holding an impressive 300 billion PEPE tokens valued at $2.46 million, the second investor has seen an estimated total profit of $4.27 million, resulting in a remarkable yield of 145%. These transactions have ignited intense discussions in the cryptocurrency sphere.
Analysts and enthusiasts are closely monitoring the market dynamics following these significant acquisitions, with some interpreting them as a sign of growing confidence in PEPE that could potentially attract more interest and investment in the token. However, there are also voices of caution highlighting the inherent unpredictability of the market.
$PEPE #HotTrends #PEPEWhalePurchase
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đłđ° Whale's big moves in PEPE! LookonChain reports recent purchase of 640 billion PEPE for 320 ETH ($52.9M). Whale also acquired 164 billion PEPE (253 ETH) in May and 500 billion PEPE (280 ETH) in June. PEPE faces scrutiny, down 20.26% in a day, amid rugpull suspicions. Crypto markets in motion! đđ #PEPEWhalePurchase #CryptoActivity đđȘ #BitcoinWorld