PEPE epe holders earn tens of millions, but a big pot awaits them

There is an early holder of $PEPE epe who bought the token for $26, and now it has become $60.3 million, but he cannot withdraw it.

There is an early holder of $PEPE epe. The $26 investment has now become a big golden egg of $60.3 million, but he cannot withdraw it.

Pepe, as soon as it came out in April 2023, became popular in the cryptocurrency circle. Its Pepe frog stem attracted everyone's interest, and the price also rose sharply.#Isit time to sell MEME?

Many early investors withdrew their money and left, but this big PEPE holder, with a return rate of more than 200 million times, was still reluctant to sell. He went from the initial 26 million (here should be the original text incorrect, it should be a number after 26 is magnified many times, but to keep it colloquial, we directly use "26 million" as the symbolic starting point of his investment) to 60.3 million, but he did not sell it.

But there is a catch

On-chain data shows that this big user spent $ 26 to buy more than 2 trillion PEPE on April 14, 2023. Unexpectedly, because the meme coin developer locked him, he may never be able to withdraw the money. Developers have the privilege to lock wallets, and this big user was caught.

Why blacklist him? Everyone is guessing. Some people say that the owner of this wallet is the developer of PEPE, and blacklisting him is to prevent him from selling coins to affect the price. But this is just a guess, and no one knows the real reason.

The PEPE in this wallet represents almost 0.6% of the total.