Whale Doubles Down on PEPE
A mysterious whale with the address 0x315e7551736c3f2d851b58f07d4b9669d082b8f7, often referred to as "cookislandstrust," has significantly increased its PEPE holdings. The whale recently acquired an additional 120 billion PEPE tokens, spending $966,492 USDT at an average price of $0.000008054.
This latest acquisition brings the whale's total PEPE purchases to a staggering 420 billion tokens over the past week. In total, the whale has invested 3.131 million USDT in PEPE, with an average buying price of $0.000007455. This investment has already yielded a profit of $120,000, representing a 3.83% return.
Interestingly, this whale also exhibited bullish sentiment towards Ethereum. During the market dip on August 5th, the whale acquired 2,978 ETH using 7.05 million USDT at an average price of $2,367. This Ethereum investment has generated a profit of $529,000, equating to a 7.5% return.
The whale's aggressive buying behavior in both PEPE and Ethereum has sparked interest in the crypto community. Many are speculating about the whale's intentions and the potential impact of these large-scale purchases.
Would you like to delve deeper into the potential reasons behind the whale's investment strategy or explore the broader implications of these large-scale purchases?
