### PEPE Whale Makes Massive Transfer#

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Overview

Recently, a massive transfer by a PEPE whale has drawn attention. According to Spot On Chain monitoring, the whale deposited 217 billion PEPE into Kraken 5 hours ago, worth approximately $4.54 million. It is expected to generate an additional $767,000 in profit, representing a 20% increase, within 17 days. The whale currently holds 1.21 trillion PEPE, valued at approximately $25.1 million, with an unrealized gain of $4.05 million. Notably, the whale had already profited approximately $11.39 million from its first PEPE transaction in early 2024, representing a 57.1% increase. This massive transfer has sparked market speculation, with some believing the whale may be cashing out, while others suggest it could be a new investment strategy.

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Analysis

Recently, a PEPE whale named "Smart Whale" has attracted market attention with its massive transfer. According to Spot On Chain monitoring, the whale deposited 217 billion PEPE into Kraken exchange 5 hours ago, worth about $4.54 million. It is expected that the whale will gain another $767,000 in profit within 17 days, representing a 20% increase. Currently, the whale still holds 1.21 trillion PEPE in two wallets, worth about $25.1 million, with an unrealized gain of $4.05 million. Notably, as early as the beginning of 2024, the whale profited about $11.39 million from its first PEPE transaction, with a surge of 57.1%. This series of operations shows that the whale is confident in the future trend of PEPE and may signal an upcoming surge in PEPE prices.

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PEPE whale's huge transfer may signal a short-term price increase for PEPE.

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Whales have already made huge profits on PEPE and may continue to do so.

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Whale transfers may affect the price trend of PEPE.

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Whale transfers may trigger market attention to PEPE.

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