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<p><strong>A recent <a href="https://twitter.com/lookonchain/status/1684557347451293696" target="_blank" rel="noopener noreferrer nofollow">tweet</a> from on-chain analyst Lookonchain revealed an intriguing series of transactions involving PEPE. </strong></p> 
<p>A smart trader deposited 500 ETH (equivalent to $937K) into Binance and withdrew a whopping 677 billion PEPE, valued at $941K. The buying price was a mere $0.000001385 per PEPE.</p> 
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<p>This wasn’t the trader’s first rodeo with PEPE. On May 1, they spent 100 ETH ($187K) to buy 134 billion PEPE. They then withdrew 122 billion PEPE ($130K) from OKX, a popular cryptocurrency exchange, just 12 hours before Binance announced it would be listing PEPE.</p> 
<p>The story doesn’t end there. After Binance announced the listing of PEPE, the SmartMoney deposited all 256 billion PEPE ($504K) into OKX, walking away with a profit of approximately $187K.</p> 
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<p>These series of transactions highlight the potential for profit in cryptocurrency trading. However, it’s important to note that such moves require a deep understanding of the market and a high tolerance for risk.</p> 
<p>As of now, the price of PEPE <a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow">stands </a>at $0.000001317 with a 24-hour trading volume of $114,248,786. The current market cap is $515,466,617, placing PEPE at the 75th rank in the global cryptocurrency market.</p> 
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    <p><strong><a rel="noopener noreferrer nofollow" href="https://bit.ly/BTC20CA" data-type="URL" data-id="https://bit.ly/BTC20CA" target="_blank">Explore</a></strong> the promising BTC20 that is repeating Bitcoin’s lifecycle and <strong><a rel="noopener noreferrer nofollow" href="https://bit.ly/wsm_box" target="_blank">discover</a></strong> the new crypto hits, memecoins and hyped projects before they hit the markets. Invest in the new SHIB or PEPE <strong><a rel="noopener noreferrer nofollow" href="https://bit.ly/wsm_box" target="_blank">Wall Street Memes token</a></strong> that already collected more than $17 million.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span> 
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<p>PEPE is a deflationary meme coin launched on the Ethereum blockchain. It was created as a tribute to the Pepe the Frog internet meme, which gained popularity in the early 2000s. The coin has a maximum supply of 420,690,000,000,000, with a circulating supply of 391,790,000,000,000 PEPE coins.</p> 
<p>Crypto realm is filled with opportunities for those who know how to navigate its turbulent waters. The story of PEPE and the Smart trader is a testament to this. However, it’s crucial to remember that while the potential for profit is high, so is the risk. Always do your own research and make informed decisions.</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/a-smart-trader-transferred-937000-worth-of-eth-heres-where-crypto-went-and-how-they-scored-big/">A Smart Trader Transferred $937,000 worth of ETH – Here’s Where Crypto Went and How They Scored Big</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

A Smart Trader Transferred $937,000 worth of ETH – Here’s Where Crypto Went and How They Scored Big

CaptainAltcoin

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