Million

April

Giant

PEPE

Coinbase and Robinhood, the largest cryptocurrency exchanges in the United States, announced yesterday that they had listed the popular memecoin PEPE. 
While these listings caused PEPE to rise by over 50% in the last 24 hours, whales also became active. 
Despite the rise in PEPE, some whales continued to buy, while some sold for profit. 
<h2 id="pepe-also-made-a-snow-sale">PEPE Also Made a Snow Sale!</h2> 
According to Lookonchain's post, a giant whale deposited 500 billion PEPE worth $11.38 million into Coinbase to make a profit. 
This whale spent just 1,173 Ethereum (ETH) worth $2.04 million to purchase 2T PEPE between May 6 and September 10, 2023. 
The whale, who currently holds 1.5T PEPE ($36 million), has made a total profit of over $45 million. 
In contrast, some whales continued to accumulate PEPE even after Coinbase and Robinhood announced that they would list PEPE. Accordingly, whale “0x160f…Ab5B” purchased 197.39B PEPE worth $4.8 million from Binance. 
<h2 id="this-whale-turned-26-into-61-5-million">This Whale Turned $26 Into $61.5 Million!</h2> 
Some whales did not do anything even though PEPE was rising. A smart whale shocked everyone by turning $26 into $61.5 million with frog-themed memecoin PEPE. 
In April 2023, an investor invested in PEPE with just 0.013 ETH worth approximately $26, believing in PEPE’s growth potential. 
PEPE, which did not attract the attention of investors at the time, grew spectacularly over time, and the whale turned $26 into $61.5 million. 
This whale has been blacklisted by developers due to its huge profits and still not selling. According to Lookonchain's post, the wallet address “0xaf23…df54534” has been blacklisted by developers and is restricted from selling tokens. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 This <a href="https://twitter.com/hashtag/MEME?src=hash&amp;ref_src=twsrc%5Etfw">#MEME</a> sniper spent just 0.013 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($26) to buy 2.52T <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>, which is now worth $61.5M! 
 However, the address was blacklisted by the dev, he can't sell these <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>! 
 Address: 0xaf2358e98683265cbd3a48509123d390ddf54534 <a href="https://t.co/36iQWPpV0g">pic.twitter.com/36iQWPpV0g</a> 
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1856884597348602288?ref_src=twsrc%5Etfw">November 14, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/giant-whale-turned-26-into-61-5-million-with-this-altcoin-investment-but-he-cant-sell-it-heres-why/">Giant Whale Turned $26 Into $61.5 Million With This Altcoin Investment! But He Can't Sell It! Here's Why!</a>

Giant Whale Turned $26 Into $61.5 Million With This Altcoin Investment! But He Can't Sell It! Here's Why!

Table of Contents

Bitcoin Sistemi EN

Other articles published on Nov 14, 2024

When Will Bitcoin Price Go Above $100,000? Here are Experts’ Predictions

This Solana (SOL) Rival priced at $0.07 Could Jump to Over $10, The Timeline is Shocking

US Election Brings Pro-Crypto Shift to Congress, Sparks a Golden Future

Bitcoin price could fast-track to $100K high in November — Analysts

Binance Reveals Big Update on COW, ACT, And 3 Other Cryptos

Zero Gravity Labs Raises $290M to Build Decentralized AI Operating System

Join our free newsletter for daily crypto updates!