Whale Who Made $68 Million Profit on PEPE Started Collecting a New Altcoin!

While the cryptocurrency market started the new week quite active, a super $PEPE whale turned his focus to a new altcoin.

According to a post by on-chain data platform Spot on Chain, a $PEPE whale recently sold 74.07 billion Pepe Coins worth $1.53 million for 448.1 $ETH.

The same whale also sold 130.2 billion $PEPE worth $2.71 million for 891 Ethereum ($ETH) in the last three days.

Although this massive sell-off caused market tension, the whale’s 12.6x profit of $68.3 million caught the market’s attention.

The super $PEPE whale still has 3.241 billion $PEPE in his hands, with a profit of $68.3 million (12.6x).

This whale also focused on buying $EIGEN after the $PEPE sale and purchased 217,348 $EIGEN for 181.3 $ETH in the last two days.

The whale currently holds 1.608 million EigenLayers ($EIGEN). The value of $EIGEN tokens is $4.31 million, making it 11% profit.

While $PEPE has fallen by 1.7% in the last 24 hours, $EIGEN, which has increased by 5.9%, continues to be traded at $ 3.02.

https://twitter.com/spotonchain/status/1860877829065572676

*This is not investment advice.