The post PEPE Investor Turns $3K Into $51.25 Million – What’s Next? appeared first on Coinpedia Fintech News
In the crypto world, massive gains can happen overnight, but few stories are as remarkable as this one. A mysterious PEPE investor has turned a small $3,000 investment into a staggering $51.25 million – a 17,026x return.
Cashing Out Millions
Back in April 2023, a trader using the wallet address “0xc25” took a chance, buying 4.914 trillion PEPE tokens for just $3,010 when PEPE was trading at $0.00000092. At the time, it was a risky bet, but as PEPE’s popularity soared, the investment turned into a fortune.
As PEPE’s popularity surged, the investor began cashing out strategically. Over time, the whale offloaded 3.66 trillion PEPE tokens, securing a massive $35.52 million in profits.
Despite selling off a large portion, the whale still holds a considerable 1.25 trillion PEPE tokens, currently valued at around $15.73 million. This brings the total estimated profit to an incredible $51.25 million with a 17,026x return on the initial investment.
500 Billion PEPE Deposited to Coinbase
After months of inactivity, the whale has made a surprising move. According to Spotonchain, they recently transferred 500 billion PEPE tokens (worth $5.73 million) to Coinbase. This unexpected deposit has sparked speculation—what’s their next move?
Market Watching Closely – Is a Sell-Off Coming?
With over a trillion PEPE tokens still in their wallet, the crypto community is on high alert. Is the investor preparing for a larger sell-off, or is this a calculated strategy to buy back in at a lower price?
Meanwhile, PEPE remains on an upward trend, gaining 4% in the last 24 hours. Technical indicators also suggest a bullish outlook, with the daily RSI moving away from oversold levels.
For now, traders are watching closely—will the whale’s next move shake up the market?
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FAQs
According to our Pepecoin price forecast, the altcoin’s price could surge to a maximum of $0.0000731 this year.
Yes, Pepecoin is an ERC-20 token working on the Ethereum blockchain.
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