### PEPE Whale Makes Massive Transfer#

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Overview

Recently, a PEPE whale known as "Smart Whale" deposited 217 billion PEPE tokens into the cryptocurrency exchange Kraken, worth approximately $4.54 million. According to monitoring, the whale is expected to make a profit of around $767,000 in 17 days, representing a 20% increase. This is not the first time the whale has profited from PEPE. Earlier in 2024, it made a profit of approximately $11.39 million from its first PEPE transaction. Currently, the whale still holds 1.21 trillion PEPE tokens in two wallets, worth about $25.1 million, with an unrealized gain of $4.05 million. This massive transfer has sparked market attention on the price trend of PEPE and once again demonstrates the significant influence of whales in the cryptocurrency market.

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Analysis

Recently, a PEPE whale known as "Smart Whale" deposited 217 billion PEPE tokens into the cryptocurrency exchange Kraken 5 hours ago, 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 a 20% increase. The whale currently holds 1.21 trillion PEPE tokens across two wallets, valued at approximately $25.1 million, with an unrealized gain of $4.05 million. Notably, in early 2024, the whale profited approximately $11.39 million from its first PEPE transaction, a staggering 57.1% increase. This series of actions has sparked market attention towards the price trend of PEPE, with many investors speculating whether the whale's massive transfer signifies an upcoming surge in PEPE's price.

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PEPE whale large transfer may signal a price increase for PEPE

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Whale transfer to Kraken may mean they will sell PEPE

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Whales have already made huge profits on PEPE

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Whales still hold a large amount of PEPE and may continue to profit in the future

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