#Whale Adds $7.14 Million to PEPE#

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Overview

Recently, an account dubbed "the whale who bought low and sold high, profiting $6.24 million from PEPE" has added to its PEPE holdings again, this time investing $7.14 million. Its total holdings now stand at 791.3 billion PEPE, valued at approximately $14.23 million. This whale withdrew 610.6 billion PEPE tokens from Kraken between December 20, 2024, and January 3, 2025, at an average price of $0.00001732. Its current average cost basis is $0.00001769, resulting in an unrealized profit of $103,000.

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Analysis

Recently, an investor dubbed the "whale who bought low and sold high on PEPE, making $6.24 million," has added to their PEPE holdings again, this time investing $7.14 million. Their total holdings now stand at 791.3 billion PEPE tokens, valued at approximately $14.23 million. This whale withdrew 610.6 billion PEPE tokens from Kraken between December 20, 2024, and January 3, 2025, at an average price of $0.00001732. Currently, their average cost basis is $0.00001769, resulting in an unrealized profit of $103,000. The whale's continued accumulation has been interpreted by the market as a bullish signal for PEPE's future prospects, sparking attention and discussion around the meme coin.

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Giant whale continues to accumulate PEPE, showing its optimism for the project

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The whale's accumulation behavior may drive PEPE price up

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The whale's accumulation behavior may attract more investors to pay attention to PEPE

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The whale's accumulation behavior may trigger market hype for PEPE

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