PEPE, one of the favorite altcoins of whales, has made some investors earn millions of dollars while some others lost.
At this point, data analysis platform Lookonchain disclosed the transactions of a whale who earned millions of dollars from the PEPE investment.
According to this, one whale turned just $3,000 into an incredible $73 million.
According to Lookonchain, one address turned $3,000 into $73 million by trading PEPE tokens with a 24,656x return on investment.
This whale spent approximately $3,000 to purchase 4.91 trillion PEPE on April 15, 2023.
The whale, who has been selling PEPE steadily over time with price increases, recently sold another 100 billion PEPE worth $2.8 million for profit. With this latest sale, he has sold a total of 3.03 trillion PEPE worth $27.5 million to date.
The whale still has 1.88 trillion PEPE worth $45.66 million in its possession. The whale's total realized and unrealized profit has reached $73 million.
PEPE continues to trade at $0.0000254 at the time of writing.
Turning $3K into $73M, a 24,656x return, what a legend!
Before the market plummeted, $PEPE broke through $0.000028, setting a new #ATH !
This legendary trader sold another 100B $PEPE ($2.8M) for profit.
This trader invested ~$3K to buy 4.91T $PEPE on Apr 15, 2023.
Over time, he… pic.twitter.com/Z46fT8dbiY
— Lookonchain (@lookonchain) December 10, 2024
*This is not investment advice.
