Whale Invests in PEPE and ETH, Yielding Significant Gains
A notable whale, identified as "cookislandstrust.eth," has recently made significant investments in the Pepe (PEPE) and Ethereum (ETH) markets, demonstrating astute market timing.
Over the past seven days, "cookislandstrust.eth" invested $3.13 million in PEPE, acquiring 420 billion tokens. This strategic move, made during a market dip, has resulted in a current gain of $170,000 (5.4%).
Additionally, the whale invested $7.05 million in ETH, purchasing 2,978 ETH at the market's nadir on August 5th. This investment has yielded an unrealized gain of $534,000 (7.58%).
Analysts predict a potential rebound in PEPE's price, as the whale's purchases align with positive market sentiment.
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