Cryptocurrency Trader's $3.3 Million Profit
Amidst a surge of over 1,300% in the past six months, the price of $PEPE, a meme-inspired cryptocurrency, has captivated the market. A crypto trader seized this opportunity, depositing tokens worth around $4.26 million onto Binance, ultimately securing a profit of $3.39 million.
The trader still retains approximately 100 billion PEPE tokens, valued at over $1 million. Additionally, profits from other memecoins like Floki Inu and Shiba Inu have amounted to over $900,000.
Meme Coin Whales Profit from Selling SHIB: Over $6 Million Realized by Transferring Tokens to Crypto.com and Gemini
Following the remarkable price surge, several memecoin whales have begun offloading their holdings. Notably, one whale realized gains exceeding $6 million by transferring over 200 SHIB tokens onto Gemini and Crypto.com.
Having purchased 15.2 trillion tokens four years ago for 10 ETH, the whale's estimations suggest a profit of around $129 million, with 2.6 trillion tokens remaining in their wallet.
PEPE Token Whale Sells 1.9 Trillion Coins for $3.3 Million Profit Amid Market Volatility, Prices Down About 8%
Amidst market fluctuations, another whale was observed selling 1.9 trillion PEPE tokens, yielding an estimated gain of $3.3 million. This occurred as SHIP's price dipped by approximately 8% over the past week, while PEPE experienced an 8.7% drop in intraday trading.