PEPE: Bearish to Bullish Swing Sparks $5 Million Buying Frenzy After Whale’s Loss-Turned-Gain!

  • A crypto whale known for profitable trades in Pepe (PEPE) has made a new investment, spending around $5 million.
  • The investment consisted of 4.54 million USD Coin (USDC) and 150 Ethereum (ETH), valued at $287,000. The transaction was carried out on Uniswap V3.
  • Pepe (PEPE), which has seen a significant increase in value recently, has risen by 38.4% in the last 24 hours and is currently trading at $0.00000147.

Crypto Whale Makes New Purchase of Pepe (PEPE) After Previous Profit and Loss

A crypto whale who previously made a profit and a loss of a total of $10.7 million in the popular meme coin Pepe (PEPE) has recently made a new purchase of approximately $5 million. The whale spent $4.54 million in USD Coin (USDC) and $287,000 worth of 150 Ethereum (ETH) during the purchase. The transaction took place on the largest decentralized exchange (DEX), Uniswap V3.

Previous Profit and Loss

The crypto whale initially bought a position of 2.81 trillion PEPE on June 7th and realized their profit by selling the position on June 9th. The first transaction resulted in a profit of $11.47 million. However, in their second transaction, the whale bought 3 trillion PEPE for $3.5 million and sold it for 2.76 million USDC, resulting in a loss of $741,000.

Pepe’s Recent Performance

According to CMC data, Pepe (PEPE) has experienced a significant increase of 90% since June 15th. In the last 24 hours, the coin has gained 38.4% in value and is currently trading at $0.00000147.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.
spot_imgspot_imgspot_imgspot_img

Latest News

Tornado Cash Co-Founder Roman Storm Seeks 2025 Trial Delay Due to Case Complexity

The trial of Tornado Cash co-founder Roman...

Santiment Analysis: TON Coin and 11 Altcoins Showing Strong Buy Opportunities

The cryptocurrency market has been highly volatile...

Peter Schiff Warns Bitcoin ETF Investors of Significant Losses as Prices Plummet to $53,000

Prominent economist and known cryptocurrency critic Peter...

ChatGPT Predicts Dogecoin and Shiba Inu to Surge if Bitcoin Hits $100K

Meme coins have remained a focal point...
spot_imgspot_imgspot_imgspot_img

PRO Analysis

Lucien Renard
Lucien Renardhttps://en.coinotag.com/
Lucien Renard is a 24-year-old writer specializing in cryptocurrency analysis and price action. With a focus on technical analysis, Lucien provides valuable insights into market trends and potential opportunities for investors.
spot_imgspot_imgspot_imgspot_img

Tornado Cash Co-Founder Roman Storm Seeks 2025 Trial Delay Due to Case Complexity

The trial of Tornado Cash co-founder Roman Storm has garnered considerable attention as his defense team seeks a postponement for adequate preparation. ...

Santiment Analysis: TON Coin and 11 Altcoins Showing Strong Buy Opportunities

The cryptocurrency market has been highly volatile in recent months. Major cryptocurrencies like Bitcoin and altcoins have experienced significant drops, reaching...

Peter Schiff Warns Bitcoin ETF Investors of Significant Losses as Prices Plummet to $53,000

Prominent economist and known cryptocurrency critic Peter Schiff has issued a stark warning to Bitcoin ETF investors. Schiff highlights the recent...