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Hot Topic Overview
Overview
Recently, a whale known as 0xBE2 deposited approximately 588 billion PEPE tokens, worth around $10.99 million, into Kraken exchange 3 hours ago. This fund was accumulated by the whale 7 months ago for $5.2 million, resulting in an unrealized profit of around $7.34 million with a return on investment of 141%. While it remains unclear whether the whale will sell these tokens, its massive investment has undoubtedly attracted market attention, reflecting the popularity and potential of PEPE tokens in the market.
Ace Hot Topic Analysis
Analysis
Recently, a whale known as 0xBE2 deposited 588 billion PEPE (approximately $10.99 million) into the Kraken exchange just 3 hours ago. This fund was accumulated by the whale 7 months ago for $5.2 million, resulting in an unrealized profit of $7.34 million and a return on investment of 141%. This event has sparked market attention towards PEPE, with some believing it could be the whale preparing for a massive sell-off, while others speculate it might be a move to accumulate more PEPE due to bullish sentiment towards its future. Currently, there is no consensus on the whale's intentions, but their actions have undoubtedly generated some market hype for PEPE.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale 0xBE2 deposited 588 billion PEPE into Kraken 3 hours ago, worth about $10.99 million.
The whale accumulated these tokens 7 months ago at a price of $5.2 million, its unrealized profit is $7.34 million, with a return on investment of 141%.
The whale's huge investment in PEPE may be because it sees the future potential of PEPE and wants to profit from it.
This event may draw market attention to PEPE, further driving up the price of PEPE.