### 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 Kraken exchange 5 hours ago. According to analysis, the whale is expected to make a profit of $767,000, or about 20%, within 17 days. This is not the first time the whale has profited from PEPE. Earlier in 2024, it made a profit of approximately $11.39 million from its first PEPE transaction. Currently, the whale still holds 1.21 trillion PEPE in two wallets, worth approximately $25.1 million, with an unrealized gain of $4.05 million.

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Analysis

Recently, a PEPE token holder known as "Smart Whale" deposited 217 billion PEPE (worth approximately $4.54 million) into the cryptocurrency exchange Kraken five hours ago. According to analysis, this whale is expected to make a profit of $767,000, or about 20%, in the next 17 days. Currently, the whale still holds 1.21 trillion PEPE (worth approximately $25.1 million) across two wallets, with an unrealized gain of $4.05 million. Notably, in early 2024, this whale profited approximately $11.39 million from its first PEPE transaction, representing a 57.1% increase. This series of actions has sparked speculation in the market about the future trajectory of the PEPE token. Some analysts believe that the whale's massive transfer could signal an upcoming surge in the PEPE token, while others argue that the whale's actions may simply be for profit-taking and will not have a substantial impact on the price of the PEPE token.

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PEPE whale large transfer may signal PEPE price increase

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Whale transfer to Kraken may mean preparing to sell PEPE

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Whales have already made huge profits on PEPE

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Whales still hold a large amount of PEPE, and may continue to profit in the future

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