Crypto whale 0xfbf, also known by the handle @degentradingLSD, has made a significant move by depositing 254.65 billion PEPE tokens (worth $5.15 million) to Binance, securing a hefty profit. Despite the sizable transaction, the whale retains 430 billion PEPE tokens, valued at $8.7 million, bringing their estimated total profit from PEPE to an impressive $13.1 million—a 13x return on investment. The whale’s journey with PEPE began with the withdrawal of 759 billion tokens from Binance at an average price of $0.000001314 on November 9 and 12, 2023. The estimated cost of this transaction was $997,000. Since September 19, 2024, the
The post Whale 0xfbf Nets $13.1M Profit From PEPE While Diversifying Across Other Cryptos appeared first on The Merkle News.
