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Cryptocurrency News Articles
Pepe Coin Whale Dumps 588B With Massive Profits
Jan 16, 2025 at 04:25 pm
The famous frog-themed meme coin, Pepe Coin, finally moved on the recovery trail after the market crash on January 13.
A massive crypto whale has moved an incredible 588B PEPE tokens, valued at $10.99M, to the Kraken exchange. The whale acquired these tokens seven months ago for $5.2M, resulting in unrealized profits of $7.34M at the current PEPE price of $0.00001849. This translates to an impressive ROI of 141%.
The surprising part is that, despite holding these tokens for such a long period, the whale has never interacted with them until now. Now, the burning question is whether this movement signals the beginning of a sell-off. If so, it could significantly impact the PEPE token price.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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