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Cryptocurrency News Articles
A Whale Who Lost $1.53 Million Trading PEPE Earlier This Year Has Made a Remarkable Comeback
Dec 21, 2024 at 08:21 pm
Over the past nine months, the trader accumulated a staggering 1.42 trillion PEPE at an average price of $0.000009387.
A whale who lost $1.53 million trading PEPE earlier this year has made a remarkable comeback.
Over the past nine months, the trader accumulated a staggering 1.42 trillion PEPE at an average price of $0.000009387. However, the whale sold off 650 billion PEPE at a loss.
Now, the trader has re-entered the market, purchasing an additional 300 billion PEPE at $0.00002258 each. If sold at today’s price, the whale would net a profit of $3.96 million, successfully covering the previous losses.
Just nine hours ago, this whale liquidated its PEPE holdings during a market dip, selling off the remaining 263.3 billion PEPE at $0.00001804 per token. These holdings are now worth $4.75 million, and if sold, the whale could secure a profit of $2.28 million.
In total, after nine months of ups and downs, the whale has sold all of its PEPE position, earning a total profit of $6.24 million. Despite the earlier losses, the savvy trader’s strategic moves have paid off, illustrating the volatile yet rewarding nature of the crypto market.
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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