Monster Whale Stores Stunning $15.6M Worth Of PEPE To Binance
Key Points:
- A gigantic whale recently purchased 313 billion PEPE at a price of 0.000003973, deposited all of the PEPE it acquired with Binance, and may sell after trading opens, potentially igniting the cryptocurrency market.
- According to reports, a SmartMoney investor made significant transactions involving PEPE, WOJAK, AFY, Dione, DMTR, and VAI in addition to earning $7.5 million from SHIB.
After Binance announced the listing of the frog memecoin, significant activities from giant whale have been centered around the PEPE token, according to recent reports from Lookonchain.
A whale has arisen, buying a lot of PEPE at a cost of 0.000003973. This buy added up to a stunning 313 billion PEPE, which was traded for 1.24 million USDT. The whale also traded 100 million WOJAK for 77.5 million TURBO, as well as 120 million WOJAK for 27.83 billion PEPE.
The whale, known as a “giant whale,” recently transferred all of their acquired PEPE to Binance. A 4.23 trillion token with a $15.6 million value was included in this deposit. The giant whale is expected to make approximately $14.5 million in profits at an average buying cost of 0.0000002535. This is an intriguing development in the crypto world, but it remains to be seen whether the Whale will sell their acquired PEPE following the opening of trading.
This giant whale who bought 4.23T $PEPE ($15.6M) with 422 $ETH ($871K) and 200K $USDC deposited all $PEPE to #Binance 30 mins ago.
His average buying cost is $0.0000002535, and the profit is ~$14.5M now!
He may sell after opening trading, watching out for the price change.⚠️ pic.twitter.com/7UoNYG9PJb
— Lookonchain (@lookonchain) May 5, 2023
These exchanges are by all accounts not the only ones to stand out as of late, as a SmartMoney individual supposedly made $7.5 million on SHIB, one of the most well known cryptographic forms of money. The individual bought six Image coins and PEPE, WOJAK, AFY, Dione, DMTR, and VAI. They were even adequately lucky to get 179 million FLOKI from Flokitars Deployer.
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1/ A SmartMoney who made ~$7.5M on $SHIB woke up after more than a year of dormancy and bought 6 #MEME coins.
Including $PEPE, $WOJAK, $AFY, $Dione, $DMTR, $VAI.
He is also very lucky to get 179M $FLOKI ($9,378) from Flokitars Deployer. pic.twitter.com/dV0wCirFVT
— Lookonchain (@lookonchain) May 5, 2023
The SmartMoney investor began by purchasing 1 trillion SHIB for 10 ETH and then sold 703 billion SHIB for 676 ETH as the price of the coin soared. After it was listed, they transferred 300 billion SHIB to Binance, making a profit of approximately $7.5 million.
Additionally, SmartMoney paid 16.55 ETH to purchase 58.66 billion PEPE with 10 ETH. They then purchased 47 billion PEPE with 17.3 ETH, 150 million WOJAK with 150 ETH, 10 billion AFY with 10 ETH, 5 ETH for 1.97 million Dione, 5 ETH for 114,924 DMTR, and 7 ETH for 135,470 VAI.