en.bitcoinsistemi.com
According to data shared by cryptocurrency data provider Lookonchain, as the Bitcoin price rose above $100,000 and the cryptocurrency market took off, a crypto whale also got into action.
The cryptocurrency whale, one of the earliest investors in the $PEPE memecoin, made a huge sale in this altcoin after the rise.
According to the data, the crypto whale in question sold the last remaining batch of 2.61 trillion $PEPE tokens, which he bought for only 0.035 ETH, or $70, by sending them to the cryptocurrency exchange Kraken. The value of the $PEPE that the whale initially purchased is $57 million at the time of writing. On the other hand, in his last sale, he sold 189.4 billion $PEPE tokens worth $4.15 million.
Although the whale wallet has not been able to fully reap the benefits of its early investment with its early sales, it has made a total profit of approximately 100,000x from its initial $70 investment, and the total profit amount has been recorded as $7 million.
$PEPE price has increased by 150% in the last month.
*This is not investment advice.