Gemini

Memecoin

Million

A massive cryptocurrency wallet known as Whale 0xd6c recently deposited 200 billion SHIB to Gemini and Crypto.com, equivalent to $6.49 million, at an average price of $0.00003245. 
The wallet is known for its early investment in SHIB, purchasing 15.2 trillion SHIB with just 10 ETH on August 7, 2020. During the big SHIB pump, it managed to deposit 250 billion SHIB to KuCoin at $0.0000819 ($20.5 million) on October 28, 2021. In the last 10 days of the second big pump period, the whale in question deposited 400 billion SHIB to wallets Crypto.com and Gemini at an average of $0.00002952 ($11.8 million). 
Currently, the big whale in question has an estimated profit of $129 million (+445% profit rate) with SHIB 2.6 trillion ($85.15 million) remaining. 
Related News: <a href="https://en.bitcoinsistemi.com/michael-saylor-who-owns-14-billion-bitcoin-spoke-after-todays-purchases/" target="_blank" rel="dofollow">Michael Saylor, Who Owns $ 14 Billion Bitcoin, Spoke After Today's Purchases</a> 
<h2 id="pepe-whale-also-made-a-huge-profit">PEPE Whale Also Made a Huge Profit</h2> 
The whale withdrew a total of 1.901 trillion PEPE from OKX on March 3, 5 and 10, 2024 at an average of $0.000005727 (estimated cost: $10.9 million). 
The whale had withdrawn a total of 1.901 trillion PEPE from OKX on March 3, 5 and 10, 2024 at an average of $0.000005727 (estimated cost: $10.9 million). He gradually deposited the said tokens into OKX on March 3, 7, 9 and 12, 2024 at an average of $0.000007496 ($14.25 million). If Whale was buying and selling on his transactions to the exchanges, he made an estimated total profit of $3.36 million (+30.9%). 
Previously, this whale earned $519k (+9.49%) on 805,691 WLD trades between February 16 and March 1, 2024, and lost $270k (-18.1%) on 2.03 million BIGTIME trades between December 12-20, 2023 and it was reported that he lost $52.2 thousand (-5.5%) on 202,708 RNDR trades between February 1-5, 2024. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/memecoin-whales-in-action-they-are-making-huge-amounts-of-transactions-one-made-129-million-profit/">Memecoin Whales in Action: They Are Making Huge Amounts of Transactions – One Made $ 129 Million Profit!</a>

Memecoin Whales in Action: They Are Making Huge Amounts of Transactions – One Made $ 129 Million Profit!

Table of Contents

Bitcoin Sistemi EN

Other articles published on Mar 12, 2024

Joe Biden's Eyes on Bitcoin Taxes! Pay Attention to Cryptocurrency Details in the 2025 Budget!

Bitcoin bulls erupt as chart teases explosive surge

Kraken-backed blockchain Nibiru Chain launches public mainnet

Meme Coin Market Dynamics Shift as Whales Make Moves

332 Billion SHIB Moved to Robinhood Address, What's Happening?

SEC radio silence on Ethereum ETF ‘not a good sign’ — Bloomberg analyst

Join our free newsletter for daily crypto updates!