In a day dominated by $IO and ZKsync, a notable whale investor with a 100% winning rate over the past three months quietly increased their position in $PEPE.
Over the last 24 hours, this savvy investor transferred 79.8 billion PEPE from Binance, valued at approximately $970,000, at a transfer price of $0.0000122 per token.
This recent accumulation brings the investor’s total holdings to 429.1 billion PEPE, with a total value of $6.18 million. The average opening price for these tokens stands at about $0.0000144.
Despite today’s 12% rise in the value of PEPE, the whale currently faces a floating loss of $900,000.
https://x.com/ai_9684xtpa/status/1800534774777569773?t=QJZFhxLGuQNcuDgMPCRHHQ&s=19
The movements of this “smart money” investor are closely watched, especially given their impressive track record. Their significant activity in $PEPE suggests a strong belief in the token’s potential, even amid current losses.
As the market reacts to these developments, the performance of $PEPE will be under scrutiny by both investors and analysts.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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