Will the Investor Who Earned 43 Million Dollars from PEPE Sell?

A smart cryptocurrency whale almost ninfolded his money in just a few months, thanks to his memecoin investment.

According to the post of Blockchain analysis platform Lookonchain, a whale invested in PEPE between November 2, 2023 and February 1, 2024.

According to transaction records, the whale spent 2,434 Ethereum ($5 million) to purchase a total of 3.97 billion PEPE.

Ethereum-based PEPE was launched in April 2023 and has become one of the most popular memecoins in recent weeks. According to CoinGecko, PEPE has doubled in value in the last month.

Taking advantage of the price rise, Whale sold 105 billion PEPE for 279 Ethereum ($1 million).

According to Etherscan data, the whale still has 3.86 trillion PEPE in its wallet, worth 41.8 million dollars in total.