Whale Movements: 217B PEPE Deposited on Kraken for Profit
A whale recently deposited 217B PEPE (worth $4.54M) on Kraken just a few hours ago.
Addresses:
0xbe2586f976f5899fcfc2cf6f3b9969af18faccc3
0x689d6140131b2a5eb2fb899b1b180ea23b2b869b
This transaction is part of the whale’s second PEPE trade, with 1.21T PEPE (worth $25.1M) still held in two wallets. Here is a breakdown of profits:
The whale withdrew 1.429T PEPE from Kraken between December 21, 2024 and January 3, 2025, at an average cost of $0.00001737 (total cost: $24.8M).
He deposited 217B PEPE back to Kraken on January 7, 2025, at $0.00002091 for $4.54M, making an estimated profit of $767K from this move.
Interestingly, the whale previously made $11.39M (+57.1%) in profit during his first PEPE trade (March 16–December 20, 2024), trading 2.189T PEPE.
The numbers show that this whale knows how to play the PEPE market like a pro!#PEPE #pepecoin🐸🚀 #pepe #BinanceSquareFamily #Binance $PEPE
