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News

Whale’s Strategic Moves: Accumulating $PEPE with 320 $ETH Purchase Worth $529K

August 25, 2023 - Around 2 mins mins to read

Key Points:

  • Whale’s buying spree continues: Previous investments include 280 $ETH ($507K) for 500B $PEPE tokens on June 5, and 253 $ETH ($481K) for 164B $PEPE tokens on May 6.
  • The calculated average buying price stands at $0.000001163, revealing the investor’s calculated approach.
A prominent whale in the digital currency space has once again demonstrated their fervor for non-fungible tokens (NFTs) by purchasing a significant amount of the popular $PEPE tokens.
Whale's Strategic Moves: Accumulating $PEPE with 320 $ETH Purchase Worth $529K

Just three hours ago, the whale made a jaw-dropping transaction, spending a staggering 320 $ETH, equivalent to approximately $529,000, to acquire a whopping 640 billion $PEPE tokens.

This isn’t the first time the whale has made such a substantial investment in $PEPE. On June 5, the same investor splurged 280 $ETH, amounting to $507,000, to snag 500 billion $PEPE tokens. Their interest in the tokens dates back to May 6 when they spent 253 $ETH (approximately $481,000) to purchase 164 billion $PEPE tokens.

image 1381

The cumulative effect of these investments has left the crypto community in awe, particularly considering the whale’s consistency in putting their resources behind $PEPE tokens. With the current average buying price calculated at $0.000001163, it’s evident that the whale is making strategic moves to capitalize on potential future value.

$PEPE tokens are part of a growing trend of NFTs that have captured the attention of both the crypto-savvy and traditional investors. These digital collectibles, often associated with internet culture, have gained traction for their uniqueness and potential as alternative investments. The whale’s repeated forays into the $PEPE market indicate a deep belief in the tokens’ potential to appreciate in value over time.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

ETH

ETH Purchase

Pepe

Whale

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Whale’s Strategic Moves: Accumulating $PEPE with 320 $ETH Purchase Worth $529K

Key Points:

  • Whale’s buying spree continues: Previous investments include 280 $ETH ($507K) for 500B $PEPE tokens on June 5, and 253 $ETH ($481K) for 164B $PEPE tokens on May 6.
  • The calculated average buying price stands at $0.000001163, revealing the investor’s calculated approach.
A prominent whale in the digital currency space has once again demonstrated their fervor for non-fungible tokens (NFTs) by purchasing a significant amount of the popular $PEPE tokens.
Whale's Strategic Moves: Accumulating $PEPE with 320 $ETH Purchase Worth $529K

Just three hours ago, the whale made a jaw-dropping transaction, spending a staggering 320 $ETH, equivalent to approximately $529,000, to acquire a whopping 640 billion $PEPE tokens.

This isn’t the first time the whale has made such a substantial investment in $PEPE. On June 5, the same investor splurged 280 $ETH, amounting to $507,000, to snag 500 billion $PEPE tokens. Their interest in the tokens dates back to May 6 when they spent 253 $ETH (approximately $481,000) to purchase 164 billion $PEPE tokens.

image 1381

The cumulative effect of these investments has left the crypto community in awe, particularly considering the whale’s consistency in putting their resources behind $PEPE tokens. With the current average buying price calculated at $0.000001163, it’s evident that the whale is making strategic moves to capitalize on potential future value.

$PEPE tokens are part of a growing trend of NFTs that have captured the attention of both the crypto-savvy and traditional investors. These digital collectibles, often associated with internet culture, have gained traction for their uniqueness and potential as alternative investments. The whale’s repeated forays into the $PEPE market indicate a deep belief in the tokens’ potential to appreciate in value over time.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.