PEPE

Spot

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>A whale spent $3.13M on 420B PEPE tokens, now up $170K (+5.4%).</strong></li> 
 <li><strong>The same whale invested $7.05M in 2,978 ETH during a market dip, gaining $534K (+7.58%). </strong></li> 
 <li><strong>Crypto traders see the whale’s moves as bullish, indicating confidence in PEPE and Ethereum’s future.</strong></li> 
</ul>   
<p>A crypto whale identified as “cookislandstrust.eth” has been accumulating PEPE tokens during market dips, spending a total of 3.13 million USDT to purchase 420 billion PEPE across two transactions in the last seven days. The first major buy occurred during the big market crash on August 5, with another purchase made just a few hours ago. The whale’s strategic buys have resulted in a profit of $170,000, representing a 5.4% gain.</p>   
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">A whale named “cookislandstrust.eth” is trying to buy <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$PEPE</a> at dip again!<br><br>In the past 7 days, the whale has spent a total of 3.13M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDT</a> to buy 420B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$PEPE</a> on 2 occasions, including the big dump on Aug 5 and 2 hours ago, now making $170K (+5.4%).<br><br>The whale also spent 7.05M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDT</a>… <a href="https://t.co/QVnbW5AGYz" target="_blank" rel="nofollow">pic.twitter.com/QVnbW5AGYz</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1822812879655248030?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 12, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure>   
<p>Apart from PEPE, the whale also capitalized on the market downturn on August 5 to acquire 2,978 ETH, spending 7.05…</p>
<p>The post <a href="https://coinedition.com/crypto-whale-buys-the-dip-accumulates-pepe-and-eth/">Crypto Whale Buys the Dip: Accumulates PEPE and ETH</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Whale Buys the Dip: Accumulates PEPE and ETH

Coin Edition

Other articles published on Aug 12, 2024

Bitcoin Exchange Binance Announces It Will Convert User Assets of Many Altcoins It Previously Del...

DeFi Coins to Watch: 3 Altcoins That Could Skyrocket 10x

Pawfury Presale Nears $5M Mark – Don’t Miss Your Chance to Join the Next Crypto Giant!

SEC Charges NovaTech in $650 Million Crypto Fraud Affecting Over 200K Investors Globally

Bitcoin, Gold, Oil on Watch as Israel-Iran Tensions Flare

Kols House Partners with DWFLabs

Join our free newsletter for daily crypto updates!