Surprisingly in the world of Coin is often up to the agenda. However, the fact that a whale converted $ 3,000 to $ 51 million attracted the attention of investors. Following this huge earnings, the whale has invested 500 billion Pepe Token on the stock market and caused fluctuation in the markets. So, what’s next for the Pepe price?
Million Dollar Earning Strategy of Pepe Coin whale
The Pepe whale, known as Blockchain address “0xc25 ,, purchased 4,914 trillion pepes in April 2023. At that time the cost of this purchase was only $ 3,000. Over time, he sold 3.66 trillion pepes and made a profit of $ 35.52 million.
Despite these sales, the whale still has 1.25 trillion pepes. This asset at existing prices is worth $ 15.73 million. According to the data, the whale earned a total of 51.25 million dollars from these transactions. This means 17,026 times return and shows how unpredictable breast coins can be.
The sale of 500 billion pepe coins mixed the market
The whale, which has remained still for six months, has invested 500 billion Pepe Token in Coinbase. The value of this transfer has caused concerns that sales pressure may increase between investors and investors.
Large whales are generally seen as a signal of their sales to token in the stock exchanges. However, it is not yet clear whether this transfer is fully transported. Pepe transaction volume in the market increased by 11 %, which shows that investors closely follow developments.
What’s next for Pepe Coin price?
The whale still has 1.2 trillion Pepe and the pressure on the price may increase if it continues to sell. Today, Pepe fell to $ 0.00001231 with a drop of 4 %. However, the increase in transaction volume shows that the interest of investor continues.
On the other hand, another whale sold 1.1 trillion pepes. This negatively affected investor sensitivity. However, the latest technical analysis shows that Pepe gives a purchase signal after a 55%decrease.
Will the recovery begin for Pepe?
The direction of Pepe price will largely depend on the movements of whales. If sales persist, the price may fall further. However, if large investors maintain their positions, Pepe may have a strong recovery.
Investors are now closely monitoring whale movements. For Pepe, a harsh price movement may be experienced in the coming days. Could this decline be the last opportunity before a large rally?
