### PEPE Whale Makes Massive Transfer#
Hot Topic Overview
Overview
Recently, a PEPE whale known as "Smart Whale" deposited 217 billion PEPE tokens into cryptocurrency exchange Kraken, worth approximately $4.54 million. According to analysis, this transaction is expected to generate a profit of $767,000 for the whale within 17 days, representing an increase of about 20%. The whale currently holds 1.21 trillion PEPE tokens, valued at approximately $25.1 million, with an unrealized gain of $4.05 million. Notably, the whale had already profited around $11.39 million from its first PEPE transaction in early 2024, representing a gain of 57.1%. This series of actions has sparked market attention towards the price trend of PEPE, reflecting the whale's continued optimism about the project.
Ace Hot Topic Analysis
Analysis
Recently, a PEPE token holder known as "Smart Whale" deposited 217 billion PEPE (worth $4.54 million) into the cryptocurrency exchange Kraken five hours ago. According to analysis, the whale is expected to make another $767,000 in profit within 17 days, representing a 20% increase. This is not the first time the whale has profited from PEPE. Earlier in 2024, it made approximately $11.39 million in profit from its first PEPE transaction, a whopping 57.1% increase. Currently, the whale still holds 1.21 trillion PEPE (worth $25.1 million) across two wallets, with an unrealized gain of $4.05 million. This massive transfer has attracted market attention, with many speculating that the whale may be preparing to sell PEPE, which could have an impact on the price. However, some analysts believe that the whale may simply be engaging in normal investment operations and does not necessarily indicate a sell-off of PEPE.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
PEPE whale's massive transfer may signal a short-term price increase for PEPE.
Whales have profited handsomely from PEPE, indicating their bullish outlook on the future price of PEPE.
The whale's transfer to Kraken could mean they are selling PEPE, but it could also be for other operations.
PEPE whale movements are worth watching, as they often influence market trends.