Price: $0.38422 0.2436%
Market Cap: 56.44B 1.7304%
Volume (24h): 8.08B 0.4%
Dominance: 1.7304%
Price: $0.38422 0.2436%
Market Cap: 56.44B 1.7304%
Volume (24h): 8.08B 0.4%
Dominance: 1.7304% 1.7304%
  • Price: $0.38422 0.2436%
  • Market Cap: 56.44B 1.7304%
  • Volume (24h): 8.08B 0.4%
  • Dominance: 1.7304% 1.7304%
  • Price: $0.38422 0.2436%
Home > Information news > Whale Activity Sparks Movement in PEPE and ETH Markets

Whale Activity Sparks Movement in PEPE and ETH Markets

Release: 2024/08/12 18:05 Reading: 448

Original author:CryptoTale

Original source:https://coinmarketcap.com/community/articles/66b9d2504f01a3238aefc011

Whale Activity Sparks Movement in PEPE and ETH Markets

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.

Note: The original article contained CSS and JavaScript code, which has been removed for clarity.

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