In a jaw-dropping financial move that has left crypto enthusiasts scratching their heads, a shrewd whale recently made a whopping $14.5 million on $PEPE and has now set their sights on Turbo (TURBO). But what’s truly capturing attention is the scale of their purchases and the potential insider knowledge they may possess.
According to data from DeBank, this savvy investor initially acquired a staggering 1.38 billion $TURBO tokens, worth $1.1 million at present. However, the intrigue doesn’t end there. Today, the whale added another $50,000 to their buying spree, further fueling speculation and curiosity.
Astoundingly, the average buying price for their initial purchases was a minuscule $0.0007055. In today’s addition, the whale spent $50,000 in $USDC to acquire an additional 84 million $TURBO tokens, taking their total holdings to a jaw-dropping 1.47 billion.
But this isn’t a fleeting buying frenzy. The whale has been quietly accumulating Turbo (TURBO) since May 3, steadily increasing their position. What makes this all the more intriguing is that the whale didn’t jump on the $PEPE bandwagon early on. Instead, they started buying memecoin $PEPE from April 19 to 27, a time when the token’s value was relatively depressed.
Now, the big question on everyone’s mind: What does this enigmatic whale know that we don’t? Is there a hidden gem within Turbo (TURBO) that could make it the next big thing in the crypto market?
Meanwhile, Turbo (TURBO) itself has experienced a turbulent ride. Today, the price has plummeted, taking a severe hit of -29.87% in the last 24 hours alone. Despite this recent setback, the token has still managed to record a remarkable 20.95% price surge in the past week. With a circulating supply of 69 billion TURBO tokens, the current market cap stands at $50,318,706.
Turbo (TURBO) can be traded on various platforms for those intrigued by this bold move. Uniswap V3 (Ethereum) remains popular, with the TURBO/WETH trading pair boasting a robust 24-hour trading volume of $13,750,772. Other notable exchanges include MEXC Global and Bitget.
As speculation mounts and investors keep a close eye on this astute whale, the future of Turbo (TURBO) hangs in the balance. Will it emerge as a hidden gem or just another token lost in the crypto wilderness? Only time will reveal the truth behind this extraordinary buying spree.
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