Million

Trillion

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Blockchain sleuth that tracks on-chain data of "smart money" wallets @lookonchain has reported that an unknown wallet spent $1.11 million on acquiring almost <a href="https://u.today/pepe-pepe-showing-surprising-rebound-bulls-comeback">1 billion PEPE</a> meme coins over the past two days.
Prior to that, he has had several trades with ARB and positive ones with MKR.
<h2 id="buying-billion-pepe-after-losing-million-usd-on-arb">Buying billion PEPE after losing million USD on ARB</h2>
The X post from @lookonchain shows that the aforementioned whale spent 617 ETH to buy 996 billion PEPE. However, this year, he has lost 456 ETH (worth $1.3 million) trading ARB and earned a profit of 269 ETH (approximately $423,000) trading MKR.
<blockquote>
 A whale spent 617 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($1.11M) in the past 2 days to buy 996B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>.This whale has also traded 2 tokens this year.Lost 456 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> ($1.3M) on <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ARB</a> and made 269 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> ($423K) on <a href="https://twitter.com/search?q=%24MKR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MKR</a>.<a href="https://t.co/H1UddPZlGe">https://t.co/H1UddPZlGe</a> <a href="https://t.co/oZgDZYScSH">pic.twitter.com/oZgDZYScSH</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1720356173294260528?ref_src=twsrc%5Etfw">November 3, 2023</a>
</blockquote> 
Lookonchain has also shared details of the whale's ARB and MKR trades. He paid 2,039 ETH (worth nearly $4 million) to acquire 3.26 million ARB at a price of $1.5. After that, the whale trader sold this ARB for 1,583 ETH (equal to $2.45 million) at $0.75, thus facing a loss of 456 ETH — that is $1.3 million.
As for his MKR trading, this wallet owner bought 1,184 MKR, paying 1,348 ETH (worth $2.19 million) at a price of $1,164. A sale of MKR followed as he disposed of it for 1,617 ETH (evaluated at $2.61 million) and earned 269 ETH — that is $423,000.
At the time of this writing, <a href="https://u.today/pepe-pepe-approaching-500-million-market-cap">PEPE meme coin</a> is changing hands at $0.000001085, according to data shared by CoinMarketCap, after a 6.46% rise in the last 24 hours.

Close to Trillion PEPE Grabbed by Enthusiastic Whale After Losing Million in ETH on Big ARB Trade

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