In the cryptocurrency market, large players are once again making headlines. According to recent data from Spot On Chain, a crypto whale made a significant profit of $13.75 million by trading the meme coin Pepe (PEPE ($0.00)). Additionally, another whale withdrew millions of dollars worth of Dogwifhat (WIF ($0.51)) from Binance, generating renewed interest in both meme coins.
Whale Gains Big with PEPE Coin
A crypto whale, starting with the wallet address “0xe7d,” executed a massive PEPE purchase in recent hours. The whale spent $2.62 million to acquire 280.85 billion PEPE coins by purchasing 974 ETH ($3,877.77). This latest investment brought the whale’s total PEPE holdings to an impressive 1.404 trillion coins.
Whales’ Purchases of PEPE and WIF CoinsThis maneuver enabled the whale to secure a profit of $13.75 million from PEPE trading, reflecting a 328% return on investment. Such substantial returns h...
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