#Whale buys massive amount of PEPE#
Hot Topic Overview
Overview
Recently, a whale known as 0xBE2 deposited 588 billion PEPE (about $10.99 million) into the Kraken exchange 3 hours ago. This fund was accumulated 7 months ago at a price of $5.2 million, and its unrealized profit is currently $7.34 million, with a return on investment as high as 141%. This suggests that PEPE is still attracting attention from some large investors and its price may have the potential to rise.
Ace Hot Topic Analysis
Analysis
Recently, a whale known as 0xBE2 deposited 5.88 billion PEPE tokens into cryptocurrency exchange Kraken, worth approximately $10.99 million. The transaction occurred 3 hours ago, and this whale had accumulated these tokens at a cost of $5.2 million seven months ago. This means that the whale's unrealized profit is about $7.34 million, with a return on investment as high as 141%. This event has sparked market interest in PEPE tokens, and some analysts believe that the whale's massive purchase may signal an impending rally for PEPE. However, other analysts point out that the whale's motives are unclear, and its ultimate goal could be to sell its holdings, so investors should exercise caution when making investment decisions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale 0xBE2 deposited 588 billion PEPE into Kraken 3 hours ago, worth approximately $10.99 million.
This whale accumulated these tokens 7 months ago at a price of $5.2 million, with an unrealized profit of $7.34 million and a return on investment of 141%.
It is currently unclear whether this whale will sell these tokens.
The whale's actions could have a significant impact on the price of PEPE.