Show

Coin

<p>PEPE is down 9% today to trade around $0.0000082 at press time. This cool off comes after a huge rally of major meme coins in late February and earlier this month. However, one whale has managed to capitalize on the frenzy, closing a trade involving the PEPE meme coin and walking away with a staggering $3.36 million profit in just 10 days.</p>
<p><a href="http://platform.spotonchain.com/signal-details/whale-closed-pepe-deal-with-a-great-profit-53701" target="_blank" rel="noopener noreferrer nofollow">According</a> to SpotOnChain, one of the most popular on-chain analytics platforms, the whale 0xe60 deposited the remaining 500 billion PEPE tokens worth $4.13 million to OKX at $0.000008266 per token. This move marked the conclusion of a highly profitable trade that began earlier this month.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="560" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-1024x560.png" alt="" class="wp-image-451841" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-1024x560.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-300x164.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-768x420.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-1536x841.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-2048x1121.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-274x150.png 274w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-100x55.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-640x350.png 640w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-478-788x431.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-478.png 1027w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>SpotOnChain reported that the whale initially withdrew a total of 1.901 trillion PEPE from OKX at an average price of $0.000005727 on March 3, 5, and 10, 2024, with an estimated cost of $10.9 million. Over the next few days, the whale gradually deposited the tokens back to OKX at an average price of $0.000007496, amounting to $14.25 million.</p>
<p>If the transactions were indeed genuine buy and sell orders, the whale realized an estimated total profit of $3.36 million, representing a remarkable 30.9% return on investment in just 10 days.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>While such substantial profits may be enticing, it is crucial for investors to exercise caution and conduct thorough research before engaging in any trading activities.</p>
<p>The crypto market remains highly unpredictable, and even whales can experience significant losses, as evidenced by the same whale’s previous trades involving WLD, BIGTIME, and RNDR tokens.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/meme-coin-whale-closes-massive-pepe-deal-with-huge-profit/" rel="noopener noreferrer nofollow">Meme Coin Whale Closes Massive PEPE Deal with Huge Profit</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Meme Coin Whale Closes Massive PEPE Deal with Huge Profit

Table of Contents

CaptainAltcoin

Other articles published on Mar 13, 2024

Bitcoin mixer trial highlights flaws in Chainalysis tools

New Cryptocurrency Priced $0.0018 Rivals Meme Giant Dogecoin, DOGE Holders Watch Closely

Ethereum (ETH) Milestone Ignites Interest: Avalanche (AVAX) & Polkadot (DOT) Investors Eye Pushd ...

Polkadot [DOT] to $20 or back to $9? Here’s what you should know

Cryptocurrency THORChain Up More Than 10% In 24 hours

Satoshi DEX, The First Bitcoin Dex, has Rocketed Past $2.5M In Pre-Sale, Stage 4 is Live

Join our free newsletter for daily crypto updates!