In the cryptocurrency market, an early $PEPE investor has gained significant attention after transferring 451.1 billion PEPE tokens to a new address following a four-month period of inactivity. This transfer is valued at around $4.24 million, representing an incredible 5070x increase in value since the initial investment.
The investor, known online as @ai_9684xtpa, originally purchased 223.6 trillion PEPE tokens for 1.86 ETH (approximately $3,889 at the time), just three days post-launch. The average cost per token was then $0.000000001739. After selling a large portion of these tokens, the remaining balance was distributed across three different addresses.
One of these addresses, jwynn.eth, sold $7.55 million worth of PEPE at the end of May. The recent transfer of tokens to a new address, made just 12 hours ago, might indicate preparation for another substantial sale. If this occurs, the investor could potentially earn an additional $3.98 million.
Currently, PEPE is trading at $0.000008588, reflecting a 5.76% drop in the last 24 hours, with a market cap of $3.61 billion.
