On December 9th, COINOTAG News reported significant activity in the cryptocurrency market as monitored by Onchain Lens. A prominent PEPE whale has resumed trading after a two-month hiatus, depositing an impressive 121.75 billion PEPE, with a total valuation reaching 3.21 million US dollars. This strategic move indicates the whale’s confidence in the asset, having generated substantial profits of approximately 2.1 million US dollars during their holding period. Additionally, merely thirteen days prior, the same entity made a notable deposit of 1 million US dollars in MOG, which resulted in earnings of around 388,000 US dollars. Such transactions underscore the ongoing volatility and potential of the cryptocurrency landscape, showcasing how whale movements can significantly influence market dynamics.
Source: https://en.coinotag.com/breakingnews/pepe-whale-resurfaces-with-massive-121-75-billion-deposit-worth-3-21-million-after-two-months/