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Whale Investor Sees Massive Returns on SPX and PEPE Investments

07/10/2024 19:43

According to BlockBeats, a significant investor known by the Ethereum address dimethyltryptamine.eth has achieved remarkable returns on two separate cryptocurrency investments. On October 7, Lookonchain reported that 90 days ago, this investor spent 15.6 ETH (approximately $47,000) to purchase 3.64 million SPX tokens. The value of these tokens has now surged to $1.27 million, marking a 26-fold increase in just three months. Previously, this whale investor made headlines with another impressive investment. They spent only 0.125 ETH (around $251) to acquire 5.9 trillion PEPE tokens. At its peak, the value of these PEPE tokens reached $100 million. The investor sold 3.94 trillion PEPE tokens, earning 2,614 ETH (about $5 million), and still holds 1.97 trillion PEPE tokens, currently valued at $19.9 million.

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