Ethereum

Pepe

Coin

<ul class="news-points"> 
 <li><strong>Lookonchain revealed in a tweet today that a whale recently purchased 640 billion PEPE tokens.</strong></li> 
 <li><strong>The whale’s purchase took place after the meme coin’s price plummeted due to growing rug pull fears.</strong></li> 
 <li><strong>At press time, PEPE was changing hands at $0.0000008738 following a 24-hour loss of more than 20%.</strong></li> 
</ul> 
<p>A few hours ago, a <a href="https://coinedition.com/tag/Pepe-PEPE/" rel="noopener noreferrer nofollow">Pepe (PEPE)</a> whale used 320 Ethereum (ETH), worth $529,000, to purchase 640 billion PEPE tokens, according to a Twitter post shared earlier today by the on-chain analytics platform, Lookonchain. The post also revealed that the whale purchased the PEPE at an average buying price of $0.000001163.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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   <p lang="en" dir="ltr">A whale spent 320 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> ($529K) to buy 640B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a> again 3 hrs ago.<br><br>The whale also spent 280 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> ($507K) to buy 500B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a> on June 5 and spent 253 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> ($481K) to buy 164B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a> on May 6.<br><br>The average buying price is $0.000001163.<a href="https://t.co/9zRGywTADp" target="_blank" rel="noopener noreferrer nofollow">https://t.co/9zRGywTADp</a><a href="https://t.co/EiUQUrHWqc" target="_blank" rel="noopener noreferrer nofollow">https://t.co/EiUQUrHWqc</a> <a href="https://t.co/BjReDraBgv" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/BjReDraBgv</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1694978987603399103?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 25, 2023</a> 
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<p>This transaction followed this same whale’s previous transactions on 5 June 2023 where he spent 280 Ethereum (worth $507,000) to acquire 500 billion PEPE. Additionally, on 6 May this year, the whale invested 253 E…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/pepe-whale-takes-advantage-of-meme-coins-current-discount/">PEPE Whale Takes Advantage of Meme Coin’s Current Discount</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

PEPE Whale Takes Advantage of Meme Coin’s Current Discount

Coin Edition

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