121 Billion PEPE Stun Binance, What’s Happening?
The post 121 Billion PEPE Stun Binance, What’s Happening? appeared on BitcoinEthereumNews.com.
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. In a move that has caught the attention of the crypto community, a smart trader recently deposited a staggering 121.75 billion PEPE tokens, valued at approximately $3.22 million, to the world’s largest crypto exchange, Binance. According to SpotonChain, this transaction, which occurred hours ago, has reportedly netted the trader a remarkable $2.13 million profit, marking a 197% increase in just 2.5 months. A smart trader deposited 121.75B $PEPE ($3.22M) to #Binance 2 hours ago, allegedly securing a $2.13M profit (+197%) in only 2.5 months. This appears to be their second $PEPE win—back in May, this trader netted an estimated $1.23M profit (+75.5%) from the first trade using a… pic.twitter.com/f1P22o1Mc8 — Spot On Chain (@spotonchain) December 9, 2024 This is not the first time this trader is making gains with its PEPE trades. According to SpotOnChain, “This appears to be their second PEPE win.” Back in May, they executed another impressive trade, netting an estimated $1.23 million profit, a 75.5% increase, using a different wallet. Related PEPE’s price has risen in recent months, attracting traders and investors eager to capitalize on its potential. Lookonchain reveals that two wallets, most likely belonging to the same whale, spent 4.89 million USDC to buy 190.14 billion PEPE at an average price of $0.00002572. Crypto market faces sell-off The broader crypto market…
Filed under: News - @ December 9, 2024 12:26 pm