#Whale Adds $7.14 Million to PEPE#
Hot Topic Overview
Overview
Recently, an account dubbed "the whale that profited $6.24 million from buying low and selling high on PEPE" added another $7.14 million worth of PEPE 12 hours ago. Its holdings have now reached 791.3 billion PEPE, equivalent to $14.23 million. This whale withdrew 610.6 billion PEPE tokens from the Kraken exchange 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 estimated profit of $103,000.
Ace Hot Topic Analysis
Analysis
Recently, an account dubbed "the whale who bought low and sold high, profiting $6.24 million from PEPE," added another $7.14 million worth of PEPE just 12 hours ago. This latest purchase brings its total holdings to a staggering 791.3 billion PEPE tokens, worth approximately $14.23 million. This whale withdrew 610.6 billion 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 a profit of $103,000. This move has sparked renewed interest in PEPE, with some analysts suggesting that the whale's accumulation could signal further price increases. However, others believe this might be an isolated move by the whale and not necessarily indicative of the overall market trend.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The whale has added to its PEPE position again, this time investing $7.14 million, bringing its total holdings to 791.3 billion tokens, worth approximately $14.23 million.
The whale withdrew 610.6 billion PEPE tokens from Kraken between December 20, 2024 and January 3, 2025 at an average price of $0.00001732.
The whale's current average cost basis is $0.00001769, resulting in a profit of $103,000.
The whale's addition to its position may indicate an optimistic outlook on the future price of PEPE.