Whale Pockets $767,000 Profit from PEPE Trading on Kraken

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Whale Pockets $767,000 Profit from PEPE Trading on Kraken
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A smart whale recently transferred 217 billion PEPE tokens, worth nearly $4.54 million, to the Kraken crypto exchange, potentially securing a 20% profit in just 17 days. Despite recent selling, the whale remains heavily invested in PEPE, holding 1.21 trillion tokens across two wallets. This whale has a history of profiting from PEPE trades, previously making an estimated $11.39 million profit in 2024.

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At the time of writing, PEPE was down 1.74% in the last 24 hours to $0.00002036 and down 3.76% weekly. PEPE started declining after a two-day run at the start of the year, which culminated at highs of $0.00002188 on Jan. 4.has announced the addition of additional JPY pairings, including PEPE/JPY. This move is expected to improve PEPE's exposure to the Japanese market, boosting trade volumes and overall market presence.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

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