### PEPE Whale Makes Massive Transfer#
Hot Topic Overview
Overview
Recently, a PEPE whale known as "Smart Whale" deposited 217 billion PEPE (approximately $4.54 million) into the Kraken exchange 5 hours ago. It is expected to generate a profit of $767,000 (+20%) within 17 days. This is not the first time the whale has profited from PEPE. Earlier in 2024, it earned approximately $11.39 million (+57.1%) from its initial PEPE transaction. Currently, the whale still holds 1.21 trillion PEPE (approximately $25.1 million) across two wallets, with an unrealized gain of $4.05 million. This massive transfer has attracted market attention, with many speculating that the whale may be preparing to sell PEPE, which could potentially impact the price of PEPE.
Ace Hot Topic Analysis
Analysis
Recently, a massive transfer by a PEPE whale has drawn market 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 that the whale will make another profit of $767,000 in 17 days, representing a 20% increase. The whale currently holds 1.21 trillion PEPE, worth approximately $25.1 million, with an unrealized gain of $4.05 million. Notably, the whale had already profited about $11.39 million from its first PEPE transaction in early 2024, representing a 57.1% increase. This massive transfer is considered a strategy for the whale to profit again, and its operations on PEPE have also sparked market speculation about the future trend of the coin.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
PEPE whale may profit in the short term: The whale deposited 217 billion PEPE into Kraken, expecting a 20% return in 17 days.
PEPE whale holds a large amount of PEPE: The whale holds 1.21 trillion PEPE in two wallets, with an unrealized gain of 4.05 million.
PEPE whale has already profited from PEPE trading: The whale profited about $11.39 million from its first PEPE trade as early as 2024.
PEPE whale's actions may affect the market: The whale's huge transfer may have an impact on the PEPE price, which is worth watching.