en.bitcoinsistemi.com
As Bitcoin approached its ATH of $69,000, meme tokens also made an attack.
While Dogecoin (DOGE), Shiba Inu (SHIB) and Pepecoin ($PEPE) differentiated positively from the market with their rise, $PEPE recorded an increase of more than 60%.
Giant whales turned this rise into an opportunity and took some profits while taking action.
According to Lookonchain's post, a whale who bought $PEPE from the top in 2023 bought 600B $PEPE (worth $1.04 million) from Binance.
This whale proved to be patient and held PEPEs for 10 months without selling. The whale's patience paid off and he deposited 200B $PEPE ($1.48 million) on Binance and sold to take a profit.
While he was left with 400B $PEPE (valued at $2.91 million), the whale's total profit in $PEPE was approximately $3.35 million.
Yet another whale also sold for profit on $PEPE. The whale, which purchased 4.9T $PEPE in the early period (currently $35.5 million), spent only $3,000 for these PEPEs at the time. This whale also waited patiently and sold 760B $PEPE ($2 million worth) when $PEPE recorded a tremendous rise.
The giant whale, which currently holds 4.15T of $PEPE (worth $30.8 million), remains the 13th Owner of $PEPE. The total profit of this whale is worth approximately 32.8 million dollars. This figure shows that the whale earned 11.077x profit from $PEPE.
“This guy only spent $3,000 to buy 4.9T $PEPE (currently $35.5 million) early on!
He sold 760B $PEPE ($2 million) and currently holds 4.15T $PEPE ($30.8 million) and is the 13th owner of $PEPE!
Whale's total profit on $PEPE is ~$32.8 million, or 11,077x earnings!”
$PEPE continues to trade at $0.000007006 at the time of writing.
This guy spent only $3,000 to buy 4.9T $PEPE($35.5M currently) in the early time!
He sold 760B $PEPE($2M) and currently holds 4.15T $PEPE($30.8M), and is the 13th holder of $PEPE!
His total profit on $PEPE is ~$32.8M, a gain of 11,077x!https://t.co/QTL7oxruTk pic.twitter.com/sw2FcPfgdd
— Lookonchain (@lookonchain) March 4, 2024
*This is not investment advice.