### PEPE Whale Makes Massive Transfer#
Hot Topic Overview
Overview
Recently, a PEPE token holder known as "Smart Whale" deposited 217 billion PEPE (worth $4.54 million) into the cryptocurrency exchange Kraken 5 hours ago. Analysis suggests that this whale is expected to make a profit of $767,000, representing a 20% increase, within 17 days. Notably, this whale made a profit of approximately $11.39 million in its initial PEPE transaction at the beginning of 2024 and currently holds 1.21 trillion PEPE, valued at $25.1 million, with an unrealized gain of $4.05 million. This event has attracted market attention, with many speculating that the whale may be engaging in short-term arbitrage or preparing for larger price fluctuations in the future.
Ace Hot Topic Analysis
Analysis
Recently, a PEPE whale known as "Smart Whale" deposited 217 billion PEPE tokens, worth approximately $4.54 million, into the cryptocurrency exchange Kraken 5 hours ago. According to monitoring, the whale is expected to gain an additional $767,000 in profit, representing a 20% increase, within 17 days. This is not the first time the whale has profited from PEPE. Earlier in 2024, it earned approximately $11.39 million in profit from its initial PEPE transaction, a staggering 57.1% increase. Currently, the whale holds 1.21 trillion PEPE tokens across two wallets, valued at approximately $25.1 million, with an unrealized gain of $4.05 million. This massive transfer has attracted market attention, with many speculating that the whale may be preparing for a short-term sell-off, potentially impacting the price of PEPE. However, some analysts believe that the whale may simply be engaging in normal asset management, with the ultimate goal not being to sell but to maximize profits.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
PEPE whales may be able to make a large profit in a short period of time
Whales still hold a large amount of PEPE and have potential unrealized gains
PEPE whales made huge profits in early investments
Whale's huge transfers may signal fluctuations in PEPE prices