On October 7, COINOTAG reported significant movements in the cryptocurrency market, highlighting the activities of the wallet associated with dimethyltryptamine.eth. Approximately 90 days prior, this entity strategically allocated 15.6 ETH (about US$47,000) in acquiring 3.64 million SPX. This investment has yielded impressive results, with the current valuation soaring to US$1.27 million, marking a remarkable 26-fold return in merely three months. Furthermore, historical data reveals that this whale previously invested a modest 0.125 ETH (approximately US$251) to amass 5.9 trillion PEPE, which reached a peak valuation of US$100 million. The wallet later capitalized by liquidating 3.94 trillion PEPE for 2,614 ETH (or US$5 million), while still retaining 1.97 trillion PEPE, now valued at around US$19.9 million.
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