Significant $PEPE accumulation has been detected as whale “0x8f5” continues to withdraw massive amounts of the token from Binance.
Three hours ago, the whale withdrew another 801.64 billion $PEPE tokens, valued at $13.53 million.
In the past 27 hours, this whale has withdrawn a total of 1.082 trillion $PEPE, worth $18.53 million, from Binance at an average price of $0.00001713. The tokens have been distributed across three separate wallets, signaling a strategic accumulation pattern.
Big $PEPE accumulation detected!
The whale “0x8f5” withdrew another 801.64B $PEPE ($13.53M) from #Binance 3 hours ago.
Over the past 27 hours, this whale withdrew 1.082T $PEPE ($18.53M) from Binance at an average price of $0.00001713 and then distributed the tokens across 3… https://t.co/puvg6nizUM pic.twitter.com/242IYjNMkx
— Spot On Chain (@spotonchain) January 14, 2025
“Smart Money” Executes High-Profit Trades
While some whales are focused on long-term accumulation, others are profiting through tactical trades. A notable example is the “smart money” trader who has earned $4.92 million in profits from $PEPE trades over the past six months.
Two hours ago, this trader withdrew 549 billion $PEPE from Kraken, worth $8.86 million. Interestingly, just a day earlier, they had deposited 561.8 billion $PEPE back into the exchange. It remains unclear whether these tokens were sold or bought back.
If this trader executed a sell at $0.0000178 and repurchased at $0.00001613, they would have achieved a nearly 10% profit, amounting to approximately $1 million.
大饼从 8 万 9 又回到 9 万 2 了，仿佛什么都没发生👻
趁着巨鲸们抄底 ETH 时，「过去六个月通过 $PEPE 波段获利 492 万美金的聪明钱」2 小时前从 #Kraken 提出了 5490 亿枚 PEPE，价值 886 万美金；然而他昨天才将 5618 亿枚代币充值进交易所，不知道是没卖掉还是重新买回了呢… https://t.co/ii6wxDEIKa pic.twitter.com/TVg96dIDym
— Ai 姨 (@ai_9684xtpa) January 13, 2025
Current Holdings and Market Strategy
Despite recent transactions, the whale continues to hold $PEPE worth $9.68 million. The calculated and strategic approach to trading highlights the lucrative opportunities available for skilled investors in the $PEPE market.
Conclusion
The recent surge in whale activity and strategic trades underscores the growing attention and potential for profit in the $PEPE ecosystem. Investors are closely monitoring these movements, as the market dynamics evolve rapidly.
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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