CandleFocus

Crypto Whale Pockets $4.81M in Gains from $PEPE on Binance

Author: Content Editor
A prominent crypto whale named @degentradingLDS has made a significant profit of $4.81 million after depositing $PEPE coins worth $5.15 million to Binance. This profit highlights the importance of a timed strategy in meme token trading. The whale currently holds 430 billion $PEPE tokens with a value of $8.13 million, as well as 3.96 million $DOGE coins with a value of $1.6 million. The whale also has 2.5 million $LDO coins valued at $4.12 million, though this investment has seen a downturn. Recent market trends show a shift in fund distribution by whales towards top altcoins like $DOGE and $LDO, suggesting a wider market sentiment. Traders may be diversifying into assets with resilient fundamentals or value propositions based on utility.

Related News