#Whale Adds $7.14 Million to PEPE#

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Overview

Recently, an investor dubbed the "whale who bought low and sold high on PEPE, making $6.24 million," has added to their PEPE holdings. This time, they invested $7.14 million, bringing their total holdings to 791.3 billion PEPE tokens, worth approximately $14.23 million. The whale withdrew 610.6 billion PEPE tokens from Kraken between December 20, 2024, and January 3, 2025, at an average price of $0.00001732. Their current average cost basis is $0.00001769, resulting in a profit of $103,000.

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Analysis

Recently, an account dubbed "the whale who bought low and sold high, profiting $6.24 million from PEPE" added another $7.14 million worth of PEPE just 12 hours ago. This latest purchase brings its total holdings to a staggering 791.3 billion PEPE tokens, worth approximately $14.23 million. This whale withdrew 610.6 billion tokens from Kraken between December 20, 2024, and January 3, 2025, at an average price of $0.00001732. Its current average cost basis is $0.00001769, resulting in a profit of $103,000. The whale's continued accumulation has been interpreted by the market as a bullish signal for PEPE's future prospects, sparking renewed interest and discussion around the meme coin.

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The whale has added to its PEPE position again, this time investing $7.14 million, bringing its total holdings to 791.3 billion tokens, worth approximately $14.23 million.

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The whale withdrew 610.6 billion PEPE tokens from Kraken between December 20, 2024 and January 3, 2025 at an average price of $0.00001732.

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The whale's current average cost basis is $0.00001769, resulting in a profit of $103,000.

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The whale's addition to its position may indicate an optimistic outlook on the future price of PEPE.

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