Whale Activity Sparks Movement in PEPE and ETH Markets
Release: 2024/08/12 17:13 Reading: 946
Whale Purchases Boost PEPE and ETH
Whale "cookislandstrust.eth" invested $3.13M in PEPE, netting a $170K profit in just 7 days with a 5.4% ROI.
A strategic $7.05M ETH purchase by the whale yielded $534K in gains, reflecting a 7.58% increase.
Analysts predict a potential PEPE price rebound as the whale's purchases align with positive market sentiment.
Details:
- "cookislandstrust.eth" invested a total of $3.13M in USDT to acquire 420 billion PEPE tokens in the past seven days.
- The whale purchased PEPE during a significant market dump on August 5th.
- The whale's PEPE investment has resulted in a $170,000 gain, representing a 5.4% increase.
- The whale also invested $7.05M in USDT to purchase 2,978 ETH, timed around the market bottom on August 5th.
- The ETH holdings have yielded an unrealized gain of $534,000, marking a 7.58% increase.
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