A trader’s $3,000 investment in $PEPE has turned into a jaw-dropping $73 million profit, delivering one of the most remarkable returns in crypto history.
This incredible 24,656x gain showcases the unpredictable yet rewarding potential of the meme coin market.
Before the recent market dip, $PEPE soared to a new all-time high (ATH), breaking past $0.000028. Capitalizing on this milestone, the trader sold 100 billion $PEPE tokens, raking in $2.8 million in profit.
The trader’s journey began on April 15, 2023, when they bought 4.91 trillion $PEPE for just $3,000. Over time, they steadily cashed out, selling 3.03 trillion tokens for $27.5 million. Despite these substantial sales, the trader still holds 1.88 trillion $PEPE, valued at approximately $45.66 million. With total profits reaching $73 million, this investor has cemented their place as a legend in the crypto world.
Turning $3K into $73M, a 24,656x return, what a legend!
Before the market plummeted, $PEPE broke through $0.000028, setting a new #ATH!
This legendary trader sold another 100B $PEPE($2.8M) for profit.
This trader invested ~$3K to buy 4.91T $PEPE on Apr 15, 2023.
Over time, he… pic.twitter.com/Z46fT8dbiY
— Lookonchain (@lookonchain) December 10, 2024
Whale Activity On $PEPE Surges
Meanwhile, whale activity around $PEPE is intensifying. In the past two hours, nine wallets—likely linked to the same whale—purchased 555 billion $PEPE tokens, spending roughly 13.8 million $DAI. The average buying price for these acquisitions was $0.000025.
Whales are buying $PEPE!
9 wallets(likely belonging to the same whale) spent 13.8M $DAI to buy 555B $PEPE in the past 2 hours, with an average buying price of $0.000025.
Address:
0xfb67ef6fe609edab1e0595e6815634e8e4db9cf7
0xb2f1956eae0817db73c4d542a4861ee485b7e7c6… pic.twitter.com/UDVTBxb2aq— Lookonchain (@lookonchain) December 10, 2024
The surge in whale purchases and $PEPE’s record-breaking rally underscore its growing prominence in the meme coin space. As both retail and institutional investors flock to $PEPE, the token’s success story exemplifies the immense opportunities and volatility inherent in the cryptocurrency market. Whether for traders seeking massive returns or whales betting on its future, $PEPE remains a significant force in the world of digital assets.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.
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