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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.

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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.
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