A Whale Bought US$3.13 Million Worth of PEPE

2024-08-12

A Whale Bought US$3.13 Million Worth of PEPE

BittimeWhales have purchased $3.13 million worth of PEPE tokens and 2,978 ETH for $7.05 million, showing confidence in the long-term growth potential.

 

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Pope's Mass Purchase of PEPE

Whales have purchased $3.13 million worth of PEPE tokens in the last seven days. This purchase is made at a price that is considered a low level with the possibility that the price will rise in the future. Demonstrated by a careful accumulation strategy, purchases were made in two stages on August 5 and 2.

Also Read: Will Kaspa List on Binance?

Investment Performance and Profits

Whale has seen significant returns on his investment since the purchase. The account now generates a profit of US$170,000, or about fifty-four percent of its initial total investment.

Same ETH Purchase

In addition to the large investment in PEPE, Whales also spent $7.05 million to buy 2,978 ETH at a price considered low on August 5. This investment is showing profitable results, with a current profit of $534,000, or approximately +7.58%.

Market Impact and Analysis

Whales' large purchases often attract attention and can influence market sentiment. These purchases show that large investors still see growth potential in PEPE and ETH tokens even though the market situation may be uncertain.

Conclusion

With an investment of $3.13 million in PEPE tokens and $7.05 million in ETH, Whale strongly believes in the long-term growth potential of both assets. 

 

With the profits already made, this buying strategy seems to be working. Because these large whales can often provide indications regarding trends and potential future market movements.

How to Buy Crypto on Bittime

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You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime

Monitor graphic movement of Bitcoin (BTC) priceEthereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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