A notable figure in the crypto space recently made significant moves, spending 500 $ETH (approximately $937,000) to acquire 13.6 million $BALD tokens. As a result, they now rank as the second-largest holder of $BALD tokens, trailing only the project’s developer.
This individual is recognized as a $PEPE whale due to their involvement in the $PEPE market. Prior to the $BALD acquisition, they sold 720.8 billion $PEPE for 501.5 $ETH (worth $943,000), demonstrating their strategic approach to portfolio management.
Presently, this enigmatic whale holds a substantial 3.72 trillion $PEPE tokens, valued at approximately $4.92 million.
Further details reveal that between June 7 and June 9, the whale purchased 3 trillion $PEPE tokens using 3.5 million $USDC, later depositing them (valued at about $2.8 million) to #Binance on June 10, incurring a loss of around $620,000.
Additionally, on June 22 and July 21, the individual made strategic purchases of 4.57 trillion $PEPE tokens, investing a total of $6.55 million at an average buying price of $0.000001434.
For those interested in tracking this whale’s activities, their address can be found here: https://debank.com/profile/0x0b141475df19d59e7dfdc88253379309577e2a36/history.
The crypto community is intrigued by this investor’s moves, speculating on their identity and motives. As the crypto markets evolve, attention remains on how this whale’s actions may impact both $BALD and $PEPE tokens.
Disclaimer: Cryptocurrency investments carry inherent market risks. Readers should conduct personal research and exercise caution when making investment decisions.
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