"PEPE Whale Deposits 502.5 Billion PEPE to Binance… Earns ₩10 Billion Profit in One Month"

Source
Minseung Kang

Summary

  • It was reported that a PEPE (PEPE) whale wallet recently deposited 502.5 billion PEPE into Binance and engaged in short-term profit-taking.
  • This whale still holds 497.5 billion PEPE.
  • Lookonchain analyzed that this whale earned a profit of ₩10.3 billion in one month, with holdings valued at ₩17.77 billion.
Photo = PEPE X Capture
Photo = PEPE X Capture

It has been analyzed that the PEPE (PEPE) whale wallet took action for short-term profit-taking.

According to on-chain analysis firm Lookonchain, on the 30th (local time), a wallet address starting with '0x3c9E' deposited approximately 502.5 billion PEPE (about ₩8.93 billion) into the global virtual asset (cryptocurrency) exchange Binance around 20 minutes ago. This whale still holds 497.5 billion PEPE (about ₩8.84 billion).

Meanwhile, Lookonchain analyzed that this address made a profit of $7.47 million (about ₩10.3 billion) in just one month. The total amount of PEPE held by this whale is valued at about $12.88 million (about ₩17.77 billion).

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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