Meme tokens make their investors earn millions of dollars as well as lose them due to their volatile structure.
At this point, a smart whale earned 44 million dollars from its PEPE investment in 6 months.
According to Lookonchain's post, a smart whale turned $5 million into $44 million in 6 months with a profit rate of 772%.
Accordingly, this whale accumulated PEPE from November 2, 2023 to February 1, 2024 and spent 2,434 Ethereum worth $ 5 million for it.
The whale then started selling PEPE and has sold 105B PEPE for a total of 279 ETH – 1 million dollars to date.
Balina made a profit-oriented PEPE sale today and sold 15 billion PEPE worth 171 thousand dollars.
The whale currently holds 3.86T PEPE worth $43 million.
*This is not investment advice.