While the cryptocurrency market started the new week quite active, a super PEPE whale turned his focus to a new altcoin.
According to a post by on-chain data platform Spot on Chain, a PEPE whale recently sold 74.07 billion Pepe Coins worth $1.53 million for 448.1 ETH.
The same whale also sold 130.2 billion PEPE worth $2.71 million for 891 Ethereum (ETH) in the last three days.
Although this massive sell-off caused market tension, the whale’s 12.6x profit of $68.3 million caught the market’s attention.
The super PEPE whale still has 3.241 billion PEPE in his hands, with a profit of $68.3 million (12.6x).
This whale also focused on buying EIGEN after the PEPE sale and purchased 217,348 EIGEN for 181.3 ETH in the last two days.
The whale currently holds 1.608 million EigenLayers (EIGEN). The value of EIGEN tokens is $4.31 million, making it 11% profit.
While PEPE has fallen by 1.7% in the last 24 hours, EIGEN, which has increased by 5.9%, continues to be traded at $ 3.02.
https://twitter.com/spotonchain/status/1860877829065572676
*This is not investment advice.
