CoinEdition
Published May 07, 2023 03:42AM ET
Updated May 07, 2023 04:00AM ET
Whale Investor Accumulates Whopping 962.3B Pepe Worth $2.46M
The web3 data analyst, Lookonchain shared the latest updates on the crypto whale accumulating the novel cryptocurrency Pepe, indicating the wide acceptance and popularity of the memecoin. As per the data, a whale investor, bought a colossal amount of Pepe tokens, marking around 962.3 billion worth of $2.46 million. It was also revealed that the whale purchased 70 WBTC and 470 ETH, costing $2.07m and $937k respectively, over the past few days.
According to a tweet released by Lookonchain, the whale has amassed a whopping crypto collection at an average buying price of $0.000003122; the whale lost $541k at the current price:
Significantly, the massive purchase of the relatively new member of the crypto market has become a recurring activity. Yesterday, Lookochain announced the whale activity of an investor who bought 414.72 billion Pepe with 622 ETH. The surprising fact was that the same whale had a purchase of another whopping 5.55 trillion the previous day, as analyzed by Lookonchain.
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