A prominent PEPE whale, known for an impeccable 100% trading success rate, recently made headlines by withdrawing 96.5 billion PEPE tokens from Binance, worth approximately $1.98 million, just 10 minutes ago.
「PEPE 波段胜率 100% 巨鲸」十分钟前再次从 #Binance 提出 965 亿枚 PEPE，价值 198 万美金🐸
目前他累计持有价值 2170 万美金的 $PEPE 和 1109 万美金的 $SHIB；其中 6138 亿枚 PEPE 是今年六月起建仓的，平均成本 $0.00001331，目前浮盈 439 万美金
钱包地址 https://t.co/Hdg19USMLo https://t.co/aAiXYp6VCu pic.twitter.com/GHGuCDTDra
— Ai 姨 (@ai_9684xtpa) November 19, 2024
Currently, this whale holds $21.7 million worth of PEPE and $11.09 million in SHIB tokens. Notably, the whale built a staggering position of 613.8 billion PEPE tokens back in June this year, with an average cost of $0.00001331. This strategic move has resulted in a floating profit of $4.39 million.
Massive Amount Of Pepe Token Deposited Into Binance
Over the past seven hours, this individual deposited 515.5 billion PEPE tokens into Binance through four separate addresses. These transactions, totaling $10.44 million, have sparked concerns among investors, as such movements could trigger a short-term price dip. Analysts suggest that this activity, coupled with Bitcoin’s recent pullback, may contribute to a 4% decline in PEPE’s value.
PEPE 巨鲸在过去 7 小时内通过 4 个地址累计向 #Binance 充值 5155 亿枚 PEPE，总价值 1044 万美金🧐或助推币价在 BTC 回调期间短时下跌 4%📉
该地址自今年 7 月以来以均价 $0.000007352 从币安提出 7425 亿枚代币，若本次全部卖出将获利 665 万美金，回报率 175%
建仓地址 https://t.co/RLB9sLLdyX pic.twitter.com/9W0Ngbne1Y
— Ai 姨 (@ai_9684xtpa) November 20, 2024
Since July, this whale has withdrawn a total of 742.5 billion PEPE tokens from Binance at an average cost of $0.000007352. If the entirety of this holding is sold at current market prices, it could yield a profit of $6.65 million, reflecting an impressive 175% return on investment.
The whale’s movements have fueled speculation about their market influence and the potential impact on PEPE’s price trajectory. Market participants remain watchful, as these significant trades often set the stage for notable price shifts in the cryptocurrency ecosystem.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.