Smart Whale's $PEPE Transactions and Profits on Kraken
According to @spotonchain, a smart whale deposited 217 billion $PEPE ($4.54 million) to Kraken 5 hours ago, securing a $767,000 profit (+20%) in just 17 days. The whale still holds 1.21 trillion $PEPE ($25.1 million) across two wallets, with an additional $4.05 million in unrealized gains. Earlier in 2024, the whale made an estimated $11.39 million (+57.1%) profit from its first $PEPE trade.
SourceAnalysis
On January 7, 2025, at 5 hours prior to the tweet, a smart whale deposited 217 billion $PEPE, valued at $4.54 million, to Kraken (@spotonchain, January 7, 2025). This move secured a profit of $767,000, representing a 20% gain over just 17 days, showcasing the whale's ability to capitalize on short-term price movements (@spotonchain, January 7, 2025). The whale's strategy involved buying low and selling high, taking advantage of $PEPE's volatility.
The whale's current holdings stand at 1.21 trillion $PEPE across two wallets, with a total value of $25.1 million (@spotonchain, January 7, 2025). Additionally, these holdings represent an unrealized gain of $4.05 million, indicating the whale's continued confidence in $PEPE's potential for further price appreciation (@spotonchain, January 7, 2025). This whale's trading activity could influence $PEPE's market sentiment and potentially trigger further price movements.
Earlier in 2024, this whale achieved a significant profit of $11.39 million, which amounted to a 57.1% return on its initial $PEPE investment (@spotonchain, January 7, 2025). This historical performance underscores the whale's successful trading strategy and its impact on the $PEPE market. The whale's ongoing investments and profits highlight the potential for high returns in the $PEPE market, attracting other traders to consider similar strategies.
The whale's current holdings stand at 1.21 trillion $PEPE across two wallets, with a total value of $25.1 million (@spotonchain, January 7, 2025). Additionally, these holdings represent an unrealized gain of $4.05 million, indicating the whale's continued confidence in $PEPE's potential for further price appreciation (@spotonchain, January 7, 2025). This whale's trading activity could influence $PEPE's market sentiment and potentially trigger further price movements.
Earlier in 2024, this whale achieved a significant profit of $11.39 million, which amounted to a 57.1% return on its initial $PEPE investment (@spotonchain, January 7, 2025). This historical performance underscores the whale's successful trading strategy and its impact on the $PEPE market. The whale's ongoing investments and profits highlight the potential for high returns in the $PEPE market, attracting other traders to consider similar strategies.