Undoubtedly, PEPE is among the most popular cryptocurrencies of recent times. Launched on April 18, 2023, PEPE is also in the focus of many whales.
Because whales sell their crypto money and buy PEPE instead.
In this context, popular crypto platform Lookonchain announced that it sold WBTC, ETH, UNI and CULT tokens in the hands of a whale and bought PEPE instead.
This whale made a profit of $1.23 million from the PEPE purchase.
Lookonchain shared the following statements:
“We noticed a whale exchanging almost all its assets for PEPE.
Whale bought $20.62 WBTC worth $590,000, 17B CULT worth $90,000, 44,194 UNI worth $235,000, and 1.72T PEPE for $37,000 worth 19.96 Ethereum (ETH).
These PEPEs are currently valued at $2.19 million.
The purchase price of this whale's PEPE is about $0.0000005533. The whale made a profit of $1.23 million from this transaction."
PEPE is currently listed on a small number of exchanges. PEPE, which is listed on the OKX exchange, continues to trade at $0.000001530.
We noticed a whale exchanged almost all assets for $PEPE.
The whale exchanged 20.62 $WBTC($590K), 17B $CULT($90K), 44,194 $UNI($235K) and 19.96 $ETH($37K) for 1.72T $PEPE ($2.19M currently).
The buying price of $PEPE is ~$0.0000005533 and made a profit of ~$1.23M. pic.twitter.com/O6BOQMd1EW
— Lookonchain (@lookonchain) May 4, 2023
*Not investment advice.
Scam