WETH

Giant

Fantom

According to Onchain data, a large PEPE whale made a new move and made its impact felt on the price of memecoin.
According to data, a multisig wallet moved its 1.23 trillion PEPE to Binance. The value of this transaction for the whale was approximately $10.6 million. However, this action caused the price of PEPE to drop by approximately 5.2%. The altcoin has still not fully recovered from the impact of this decline.
The whale in question had been holding these PEPE tokens for only 3 days and closed his trade with a profit of 134 thousand dollars, which is a low amount compared to his capital. This shows that the whale made a profit of approximately 1.28%.
Related News: <a href="https://en.bitcoinsistemi.com/3-giant-altcoin-whales-awake-they-bought-5-altcoins-including-a-massive-pepe-purchase/" target="_blank" rel="noopener noreferrer nofollow">3 Giant Altcoin Whales Awake: They Bought 5 Altcoins, Including a Massive PEPE Purchase</a>
In another whale development, another wallet this time bought Fantom (FTM) token by selling Ethereum. Whale paid a total of $2.12 million in WETH and purchased 2.98 million FTM at $0.712. The whale in question made a profit of $1.67 million from the previous FTM transaction and the profit rate was 148%.
FTM is trading at $0.6926 at the time of writing this article.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/huge-transaction-from-the-pepe-whale-deeply-impacts-price/" rel="noopener noreferrer nofollow">Huge Transaction from the PEPE Whale: Deeply Impacts Price</a>

Huge Transaction from the PEPE Whale: Deeply Impacts Price

Bitcoin Sistemi EN

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