Just 45 minutes ago, a significant transaction took place on the blockchain involving a whale known as cookislandstrust.eth. This whale offloaded a staggering 411 billion $PEPE tokens, earning 3.11 million USDT. What makes this transaction noteworthy is that between August 5th and August 12th, this same whale accumulated the 411 billion PEPE tokens for a total of 3.11 million USDT. The sale netted them a modest profit of 29,000 USDT.
But that's not all. After the market dip on August 5th, this whale also made another substantial investment, purchasing 2,971 $ETH at an average price of $2,361, totaling 7.01 million USDT. Unlike the PEPE tokens, this ETH remains in their wallet, indicating potential future moves in the market.
This whale's recent activities provide insight into how strategic and calculated investments can yield quick profits, even in a volatile market. For those keeping an eye on whale movements, these transactions serve as a reminder of the importance of timing and market awareness in crypto trading.
