Lookonchain, a leading blockchain tracking firm, has brought to light the latest trading activity of Pepe (PEPE) for savvy investors. In a Twitter thread this morning, the firm shed light on the first whale, 0x9cd6, who recently acquired a whopping 7.3 billion PEPE with 11 Ethereum (ETH). The estimated value of this trade in USD was a staggering $20,861. This information is invaluable for investors looking to make informed decisions in the ever-evolving world of cryptocurrency.
The whale above strategically decided to re-enter the PEPE market, following a shrewd profit-taking maneuver that involved selling 1.75 billion coins for 2,128 ETH, valued at around $4.18 million. Ultimately, the whale, identified as 0x9cd6, acquired a staggering 936.5 billion PEPE with 1,374 ETH at a buying price of $0.000002922. This calculated move demonstrates a keen understanding of market trends and a savvy approach to investment.
As the clock ticked, the mighty whale 0x45cf persisted in offloading his PEPE and procured a staggering 227 million CAPY with a single ETH. The tweet also revealed that qianbaidu.eth had re-entered the PEPE market after parting ways with Turbo (TURBO). In the last 24 hours, the whale flexed his financial muscle by acquiring a whopping 194 billion PEPE with 271 ETH at a purchase price of $0.000002649.
About the TURBO trades executed by the whale, it was observed that the trader acquired a whopping 285 million TURBO tokens by investing 382 ETH. However, the position was later closed for 246 ETH, leading to a loss of approximately 136 ETH for qianbaidu.eth. This translates to a significant monetary value of $291K.
Finally, the whale with the address 0x13b3 has recently executed a sale of 99 billion PEPE tokens for 256K USD Coin (USDC), with an average selling price of $0.000002585. Despite this significant transaction, the address in question still retains a substantial holding of 400 billion PEPE tokens, currently valued at $1 million.
According to the latest update from CoinMarketCap, PEPE’s current trading price has experienced a 4.16% decrease, settling at $0.000002451. The altcoin has also witnessed a 1.89% decline against Bitcoin (BTC) and a 2.56% drop against ETH. Furthermore, PEPE’s trading value is hovering closer to its 24-hour low of $0.000002395 than its daily high of $0.000003093.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
