In a significant development for the crypto market, a prominent whale, known on Twitter as @degentradingLSD, recently executed a transaction involving the transfer of 254.65 billion PEPE tokens valued at approximately $5.15 million into Binance. This strategic move enabled the whale to realize a substantial profit of $4.81 million. As of the latest data, the whale holds a cumulative amount of 430 billion PEPE tokens, translating to a market value of $8.13 million, coupled with an impressive unrealized profit of $7.74 million, illustrating a remarkable return of 13x.
Additionally, the whale’s portfolio includes 3.96 million DOGE tokens, which are currently valued at $1.6 million, yielding an unrealized gain of $1.5 million, or a return of 15x. Furthermore, the investor holds 2.5 million LDO tokens, valued at $4.12 million, with an unrealized loss of $432,000, representing a negative return of -9.5%. These movements highlight the dynamic and often volatile nature of crypto investments.
Source: https://en.coinotag.com/breakingnews/whale-makes-waves-5-15-million-pepe-token-deposit-fuels-impressive-13x-profit-surge/