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.

BREAKING NEWS

MERL Breaks $0.58 on 4-Hour Rally as Futures-Spot Gap Reaches 45% and Bearish Funding Rate at -0.18625%

COINOTAG News, October 26, citing market data, notes that...

Ethereum (ETH) Trader Faces $12.56M Loss After Oct 11 Crash, Left with $1.13M Including $680k Unrealized ETH Gains

COINOTAG News reports on October 26 that a high‑risk...

Bitcoin (BTC) Longs Surge as 100% Win Rate Mysterious Whale Adds 173.6 BTC, Reaching $165M Position

COINOTAG News, reporting on October 26, cites on-chain analyst...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img