Key Points:
A giant whale recently bought 313 billion PEPE at a price of 0.000003973, deposited all acquired PEPE to Binance, and may sell after opening trading, potentially stirring up the crypto market.
A SmartMoney investor reportedly earned $7.5 million on SHIB and made significant transactions involving other cryptocurrencies such as PEPE, WOJAK, AFY, Dione, DMTR, and VAI.
According to recent reports from Lookonchain, significant activities from giant whales have been surrounding the PEPE token after Binance announced the listing of the frog memecoin.
A whale has emerged, purchasing a large amount of PEPE at a price of 0.000003973. This purchase amounted to a staggering 313 billion PEPE, which was exchanged for 1.24 million USDT. In addition, the whale also exchanged 120 million WOJAK for 27.83 billion PEPE and 100 million WOJAK for 77.5 million TURBO.
The whale, dubbed a “giant whale,” deposited all their acquired PEPE to Binance just 30 minutes ago. This deposit included a 4.23 trillion token, valued at $15.6 million. With an average buying cost of 0.0000002535, the giant whales profit is estimated at approximately $14.5 million. It remains to be seen whether the Whale will sell their acquired PEPE after the opening of trading, but this is an intriguing development in the crypto world.
These transactions are not the only ones to attract attention recently, as a SmartMoney individual reportedly made $7.5 million on SHIB, one of the most popular cryptocurrencies. The individual purchased six MEME coins and PEPE, WOJAK, AFY, Dione, DMTR, and VAI. They were even fortunate enough to receive 179 million FLOKI from Flokitars Deployer.
The SmartMoney investor spent 10 ETH on buying 1 trillion SHIB early on, selling 703 billion SHIB for 676 ETH after the coin skyrocketed. Following this, they transferred 300 billion SHIB to Binance after it was listed there, with a total profit of approximately $7.5 million.
SmartMoney also purchased 58.66 billion PEPE with 10 ETH, selling for 16.55 ETH. They then bought 47 billion PEPE with 17.3 ETH, 320 million WOJAK with 150 ETH, 43.5 billion AFY with 10 ETH, 1.97 million Dione with 5 ETH, 114,924 DMTR with 5 ETH, and 135,470 VAI with 7 ETH.