Crypto Whale Buys the Dip: Accumulates PEPE and ETH

Crypto Whale Accumulates PEPE and ETH Amidst Market Dip

A notable crypto whale known as "cookislandstrust.eth" has actively purchased PEPE tokens during recent market downturns. Over the past seven days, the whale has acquired 420 billion PEPE in two transactions totaling $3.13 million USDT. The first significant purchase occurred during the market crash on August 5th, followed by another purchase just hours earlier.

These strategic acquisitions have resulted in a $170,000 profit for the whale, representing a 5.4% gain.

In addition to PEPE, the whale also capitalized on the market downturn on August 5th to acquire 2,978 ETH, spending 7.05 million USDT. These purchases have generated a gain of $534,000 (+7.58%).

Crypto traders interpret the whale's actions as a bullish signal, indicating confidence in the future of both PEPE and Ethereum.