Dormant PEPE Whale Made 1,900,000x Return with PEPE Token

Since the crypto trading market turned bullish with Donald Trump's win in the US elections, many dormant accounts have returned to the market

The recent bullish crypto trading market, driven by Donald Trump's victory in the US elections, has seen many dormant accounts return to the market to capitalize on the rally. Among them, one PEPE holder has seen massive gains, turning an initial investment of $27 into $52 million.

According to a post by Lookonchain, the crypto whale remained inactive for 600 days before making any moves in the crypto trading space. During that time, it spent 0.0135 ETH, valued at $27, to purchase 2.1 trillion PEPE tokens at a low price point. However, given PEPE's bullish performance this year, the same investment is now worth $52 million, marking an exceptional return on the investor's initial purchase.

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

This whale initially only spent 0.0135 $ETH($27) to buy 2.1T $PEPE and has held it until now.

From $27 to $52M—an extraordinary 1,900,000x return!https://t.co/Et442zxUGk pic.twitter.com/35sp0Iu46E

— Lookonchain (@lookonchain) December 14, 2024

The dormant PEPE whale has now moved all of these tokens to a new wallet address. With this simple action, the investor has realized a 1,900,000x return on their investment, which they held for two years.

Interestingly, this isn't the only crypto trader who has seen substantial profits from the PEPE token. Another trader managed to turn an initial investment of $70 into $7 million after holding the tokens for two years, mirroring the gains made by this crypto whale.

These stories highlight the potential for massive returns in the world of trending meme coins. However, it's crucial to note the inherent volatility risks associated with these meme-themed cryptocurrencies, necessitating the adoption of sound crypto trading strategies.