Crypto Trader Turns $3K To $73M With Pepe Coin Trading, Here’s All
The post Crypto Trader Turns $3K To $73M With Pepe Coin Trading, Here’s All appeared on BitcoinEthereumNews.com.
Against the backdrop of a bull market witnessed as the year ends, a crypto trader has garnered significant attention. On-chain stats on Tuesday revealed that this trader turned a mere $3K into a staggering $73 million using the frog-themed meme crypto, Pepe Coin. Notably, this trade maneuver has gained significant traction as PEPE price recently hit a new ATH before witnessing a waning movement. Market watchers anticipate whether the meme coin has topped this bull cycle, given this trader offloaded trillions of coins amid the crypto’s ATH run. Crypto Trader Turns $3K To $73M With Pepe Coin, What’s The Scoop? According to recent data from Lookonchain, a crypto trader was recorded turning $3K into $73M using Pepe Coin. Notably, this trade maneuver echoed a buzz across the broader landscape as the frog-themed meme coin hit a new ATH before the market recently plummeted. Per the data, this trader invested $3K to buy 4.91 trillion coins as of April 15, 2023. Over time, the trader gradually sold his holdings, cashing out a whopping 3.03 trillion coins for $27.5 million. Notably, a recent trade move by this trader was recorded as another 100 billion token selloff for a $2.8 million profit. Further, even after selling massive amounts, this market enthusiast holds 1.88 trillion tokens, pushing his total profit to $73 million. While this trading strategy sparked significant market discussions, it’s also notable that market watchers speculate on the asset’s future movements. The trader’s remaining holdings could further witness selloffs in light of profit-booking intentions. However, the remaining holding also indicates a sense of confidence in one of the leading meme coins by market cap and its future movements. Besides, recent whale data has cemented investors’ optimism surrounding the frog-themed meme token. Another post from Lookonchain revealed that 9 wallets belonging to the…
Filed under: News - @ December 10, 2024 2:24 pm