Smart $Pepe trader makes $11.7M profit during Market Drop
Release: 2024/12/28 00:54 Reading: 999
Pepe Coin Trader Nets $11.7M Profit Amidst Market Downturn
A savvy trader has recently profited $11.7 million from Pepe Coin ($PEPE) by executing strategic trades during a market downturn.
According to data from Lookonchain, the trader sold his entire $PEPE holdings on December 19th, coinciding with the market crash.
Prior to the downturn, $PEPE had reached an all-time high (ATH) of $0.000028 on December 9th, with a market capitalization of $11.8 billion. However, the price subsequently declined by approximately 50% within two weeks.
While others faced losses due to the price drop, this trader capitalized on the situation by selling a significant portion of his tokens before the dip. He has since accumulated more tokens and currently holds 1.42 trillion $PEPE, valued at approximately $24.5 million at current market prices.
Also Read: Crypto Trader Earns $3.95 Million Trading UFD Memecoin
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