According to ChainCatcher, on-chain analyst @ai_9684xtpa has monitored a newly created address 0x4fd...4271E, which has built a position of $77.87 million worth of altcoins and ETH in the past 50 minutes. The top three tokens held by this address are ETH (about $31.17 million), PEPE (about $9.9 million), and SHIB (about $9.69 million). However, judging from the on-chain data, this operation did not seem to be a spur of the moment operation. He started testing the exchange’s transfer in and out with a small amount six days ago.