### PEPE Whale Makes Massive Transfer#

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Overview

Recently, a PEPE token holder known as "Smart Whale" deposited 217 billion PEPE (worth $4.54 million) into the cryptocurrency exchange Kraken five hours ago. According to analysis, the whale is expected to make a profit of approximately $767,000, or about 20%, within 17 days. Notably, the whale made a profit of approximately $11.39 million in its first PEPE transaction in early 2024 and currently holds 1.21 trillion PEPE (worth $25.1 million) with an unrealized gain of $4.05 million. This massive transfer has sparked market attention on the price trend of PEPE, with many speculating that the whale's actions may signal an upcoming surge in PEPE's price.

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Analysis

Recently, a PEPE whale named "Smart Whale" deposited 217 billion PEPE tokens into Kraken exchange 5 hours ago, worth approximately $4.54 million. According to Spot On Chain's monitoring, this transaction is expected to generate a profit of $767,000 for the whale in 17 days, representing a 20% increase. The whale currently holds 1.21 trillion PEPE tokens across two wallets, valued at $25.1 million, with an unrealized gain of $4.05 million. Notably, in early 2024, the whale profited approximately $11.39 million from its first PEPE transaction, a staggering 57.1% increase. This series of actions has sparked speculation in the market about the price trend of PEPE. Some analysts believe that the whale's massive transfer could signal an upcoming surge in PEPE's price, while others argue that it may simply be a personal maneuver and not indicative of the overall market trend.

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Classic Views

PEPE whales may profit again in the short term

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Whales still hold a large amount of PEPE and have potential unrealized gains

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Whales have already made huge profits from their PEPE investment

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Whale trading behavior is worth watching and may signal price fluctuations in PEPE

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