#Whale pours massive funds into PEPE#
Hot Topic Overview
Overview
Recently, a whale known as 0xBE2 has made a significant investment in PEPE, attracting market attention. Three hours ago, the whale deposited 588 billion PEPE tokens into Kraken exchange, worth approximately $10.99 million. It is reported that the whale had accumulated these tokens 7 months ago at a price of $5.2 million. Currently, its unrealized profit stands at $7.34 million, with a return on investment of 141%. This incident suggests that PEPE remains favored by some institutional investors, and its future trajectory deserves close monitoring.
Ace Hot Topic Analysis
Analysis
Recently, a whale known as 0xBE2 deposited 5880 billion PEPE (approximately $10.99 million) into Kraken exchange, sparking market attention. This batch of PEPE tokens was reportedly accumulated by the whale seven months ago at a price of $5.2 million. Currently, its unrealized profit is $7.34 million, with a return on investment of 141%. This event indicates that despite recent fluctuations in PEPE's price, it still attracts the attention of some institutional and individual investors, and its future trajectory remains highly uncertain. Some analysts believe that the whale's entry could signal an upcoming rally in PEPE's price, but others argue that it may just be a short-term operation by the whale, whose ultimate goal could be to cash out and exit.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale 0xBE2 deposited 5880 billion PEPE into Kraken, worth about 10.99 million USD.
This whale accumulated these tokens seven months ago for 5.2 million USD, and its unrealized profit is 7.34 million USD, with a return on investment of 141%.
The whale's huge investment in PEPE may indicate a bullish future trend for the token.
The whale's action may draw market attention to PEPE and drive its price up.