Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Data: PEPE Investor Transfers 189.3 Billion PEPE to CEX, Worth $4.22 Million

Data: PEPE Investor Transfers 189.3 Billion PEPE to CEX, Worth $4.22 Million

Bitget2024/12/05 16:35

According to on-chain analyst Yu Jin, an address that purchased 2.61 trillion PEPE tokens for 0.035 ETH ($73) just three hours after the PEPE deployer added initial liquidity has recently transferred 189.3 billion PEPE (valued at $4.22 million) to a centralized exchange (CEX).

This investor managed to turn $73 into $7.06 million, achieving an extraordinary 96,700x return through PEPE.

Timeline of Events:

  • On April 15, 2023, at 01:21, the PEPE deployer added initial liquidity on Uniswap.
  • Three hours later, this address spent 0.035 ETH ($73) to purchase 2.61 trillion PEPE tokens.
  • Three days later, the holder sold the majority of their PEPE, retaining a smaller portion until recently transferring it to CEX for sale.

Overall, this trade stands as a remarkable example of turning a small initial investment into multimillion-dollar gains.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!