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PEPE, which was launched last April and rose nearly 2,000% since then, has seen steep declines.
While some investors made huge profits from PEPE purchases, some investors had to make sales at a loss.
While there has been calm on the PEPE front lately, purchases seem to have started again.
Because Lookonchain said that two newly created wallets and a whale who had previously profited from PEPE purchased PEPE again.
Accordingly, two new wallets created in the last 24 hours spent a total of $ 801,000 (335,349 USDT and 465,839 USDC) to purchase a total of 1.08 T PEPE.
“2 new wallets created 3 hours ago spent a total of $801k to purchase 1.08T PEPE.
Wallet 0x1f5d spent 335,349 USDT to purchase 456B PEPE.
Wallet 0x0a8f spent 465,839 USDC to purchase 629B PEPE.”
2 fresh wallets created 3 hrs ago spent a total of $801K to buy 1.08T $PEPE.
0x1f5d spent 335,349 $USDT to buy 456B $PEPE.https://t.co/SwYLyQTpS6
0x0a8f spent 465,839 $USDC to buy 629B $PEPE.https://t.co/YMsNn6h48y pic.twitter.com/MsrXzTeXaS
— Lookonchain (@lookonchain) September 29, 2023
Whale, which made a profit of 2.4 million dollars, purchased PEPE again!
Another whale also spent 390 Ethereum (645,000) to buy PEPE. This whale made a profit of $2.34 million by making 38,860x the PEPEs he had previously purchased.
“This man, who earned $2.34 million (38,860x) from PEPE, spent 390 ETH ($645k) to buy PEPE again 6 hours ago.
And this whale spent 550 ETH ($951 thousand) to buy 1.04T PEPE on August 29.
This man spent 0.03 ETH ($60) to buy 2.43 T PEPE on April 15. He then deposited 500 Billion PEPE ($588,000) into OKX and sold 1.93 Million PEPE for 1,052 ETH ($1.75 million).
Whale's PEPE profit exceeded $2.34 million (38,860x)!”
PEPE, which is trading at $0.0000008152 at the time of writing, is trading approximately 80% below its peak.
This guy who made $2.34M (38,860x) on $PEPE spent 390 $ETH ($645K) to buy $PEPE again 6 hours ago.
And this guy also spent 550 $ETH ($951K) to buy 1.04T $PEPE on Aug 29. pic.twitter.com/MCwOC2RwRA
— Lookonchain (@lookonchain) September 29, 2023
*This is not investment advice.