#Whale Adds $7.14 Million to PEPE#
Hot Topic Overview
Overview
Recently, an investor dubbed the "whale who made $6.24 million from buying low and selling high on PEPE" has added to their position, this time investing $7.14 million. They now hold a total of 791.3 billion PEPE tokens, worth 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. Their current average cost basis is $0.00001769, resulting in an unrealized profit of $103,000.
Ace Hot Topic Analysis
Analysis
Recently, an account dubbed "the whale that bought low and sold high, profiting $6.24 million from PEPE" has added another $7.14 million worth of PEPE in 12 hours, bringing its total holdings to 791.3 billion 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 market attention towards PEPE, with some analysts suggesting that the whale's accumulation could signal an upcoming price surge. Others, however, believe the whale is simply accumulating to sell for profit in the future, urging investors to exercise caution.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale adds to its PEPE position, showing bullish sentiment on the project's future
The whale's addition to its position could drive PEPE price up
The whale's cost basis is low, and it is currently in profit
The whale's addition to its position could attract more investors to PEPE