#pepecoins Coin Whale Notes 400% Profit As PEPE Price Soars
The recent surge in Pepe Coin price and whale profits signal growing confidence in meme coins, with whales reaping massive profits amidst renewed investor interest.
Pepe Coin price soared more than 6%, gaining investors' attention.
A whale notes 400% profit in just one month by trading PEPE.
The whale still has 500 billion PEPE in its holdings.
pepe Coin, a prominent player in the meme coin space, has seen a remarkable surge in its price, sparking renewed interest from investors. As meme coins regain traction in the crypto market, the PEPE price’s recent rally of over 6% has captured the attention of traders and enthusiasts alike.
On the other hand, revelations about substantial profits earned by Pepe Coin whales have added fuel to the optimism surrounding the coin.
Pepe Coin Whale Reap Massive Profit
The meme coin market is abuzz with excitement as Pepe Coin experiences a notable surge, echoing the broader rally observed in meme coins. Notably, the investors are closely monitoring the movement of the meme coin, buoyed by the coin’s recent price uptick of over 6%.
However, what has truly turned heads in the crypto community is the revelation of substantial profits made by Pepe Coin whales. According to insights shared by on-chain data tracking platform Lookonchain, a significant Pepe Coin whale deposited a staggering 500 billion PEPE tokens, equivalent to $3.91 million, into #Binance.
Notably, the whale still holds 500 billion PEPE in his portfolio after the recent dump. Meanwhile, the whale withdrew 1.2 trillion PEPE, valued at $1.88 million at the time of the transaction, from Binance between February 25 and February 29,
indicating strategic profit-taking maneuvers.
The surge in Pepe Coin’s price and the remarkable profits earned by whales underscore the growing confidence in the meme coin landscape. With meme coins gaining traction once again, investors are increasingly turning their attention towards these digital assets, drawn by the potential for significant returns.
