🚨 Alert: Massive #PEPE Sale 🛑

A significant transaction occurred on the blockchain three hours ago, involving a substantial quantity of PEPE tokens. A whale, identified by the address 0x48d93dabf29aa5d86424a90ee60f419f1837649f, executed a noteworthy trade, selling 155.1 billion PEPE tokens valued at $2.58 million. The sale was exchanged for 36.36 WBTC, marking a significant profit for the trader.

### Transaction Details

- Amount Sold: 155.1 billion PEPE

- Sale Value: $2.58 million

- Received: 36.36 WBTC

- Profit Realized: $1.39 million

- Percentage Profit: 116%

- Time of Transaction: Approximately 3 hours ago

### Purchase Background

The whale initially acquired these PEPE tokens on May 2nd, purchasing them at a price of $0.0000077. The acquisition was made using 400 stETH, which was valued at $1.19 million at the time. The tokens were held for several weeks, during which their value appreciated significantly.

### Price and Profit Analysis

- Purchase Price: $0.0000077 per PEPE

- Total Purchase Cost: $1.19 million (400 stETH)

- Selling Price: $0.0000166 per PEPE

- Selling Value: $2.58 million

- Net Profit: $1.39 million

- Profit Percentage: 116%

This transaction highlights the whale's strategic entry and exit points, capitalizing on the appreciation of PEPE's value over a relatively short period. The decision to convert the PEPE tokens into WBTC reflects a move to a more stable asset, likely for risk management or profit realization purposes.

### Address Details

- Whale Address: 0x48d93dabf29aa5d86424a90ee60f419f1837649f

- Initial Purchase Date: May 2nd

- Tokens Sold: 155.1 billion PEPE

- Transaction Time: 3 hours ago

Such large movements can impact market dynamics, influencing both token prices and investor sentiment.

#PEPEATH #BullorBear #btc70k #altcoins