Giant Whale Deposits Staggering $15.6M Worth Of PEPE To Binance

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 whale’s 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.

This giant whale who bought 4.23T $PEPE ($15.6M) with 422 $ETH ($871K) and 200K $USDC deposited all $PEPE to #Binance 30 mins ago.

His average buying cost is $0.0000002535, and the profit is ~$14.5M now!

He may sell after opening trading, watching out for the price change.⚠️ pic.twitter.com/7UoNYG9PJb

— Lookonchain (@lookonchain) May 5, 2023

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.

1/ A SmartMoney who made ~$7.5M on $SHIB woke up after more than a year of dormancy and bought 6 #MEME coins.

Including $PEPE, $WOJAK, $AFY, $Dione, $DMTR, $VAI.

He is also very lucky to get 179M $FLOKI ($9,378) from Flokitars Deployer. pic.twitter.com/dV0wCirFVT

— Lookonchain (@lookonchain) May 5, 2023

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.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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