Pepe is in the news. The crypto whale associated with @jameswynnreal has attracted attention through its massive Binance deposit of 38.918 billion Pepe tokens worth $2.84 million. The Whale has carried out the deal alongside other strategic transactions that have generated more than $16 million in profits over the past two years.
The wallet linked to @jameswynnreal deposited $2.84 million worth of 389.18B PEPE to #Binance, making a huge profit of over $16 million.
Whale has purchased 2.82t $Pepe for $6.89 ETH ($13K) over the past two years, selling 1.92T$PEPE for $2,399 ETH ($5.62 million) and 160k$$PEPE for $1.92T$PEPE.
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– March 21, 2025
Long-term accumulation strategy
Whale began purchasing 2.82 trillion Pepe tokens two years ago, and at an initial cost of 6.89 ETH, worth $13,000 at the time.
The whales began to unload some of their accumulated assets after the accumulation stage. The Whale exchanged and sold a total of 1.92 trillion Pepe tokens through a completed transaction that won 2,399 ETKENs worth around $5.62 million and 160,000 USDC tokens. The whales have made great profits from these transactions, allowing their profits to exceed $16 million.
Recent Binance deposits
After engaged in whale trading, continue to move the token to Binance. Ten months ago, the whales placed 49.11 billion Pepe tokens worth $7.52 million at the time of exchange. The Whale continues its profit acquisition or asset distribution strategy with an estimate of $2.84 million based on its latest binance deposit of 38.918 billion Pepe tokens.
Impact on the market
Market players track whale transactions with their ability to predict the movement of emerging price movements. This increased funding to binance by whale investors suggests potential additional sales, which could lead to a lower price for Pepe during the next period. These transactional movements may represent portfolio rebalancing activities, not just risk management and profit capture, as crypto whales continue to operate to protect assets and generate profits.
Here is the wallet address to observe this whale trade.
0xD0FE8487A8BA2872EC84E698AF99E69CF978AA69
The final words
Traders and investors are monitoring the volatile market for memecoin for large holders. Recent actions from whales demonstrate the importance of strategic planning, along with smart timing in a rapidly evolving crypto market environment. While the well-known trader is expected to continue to influence market dynamics, updates on his activities will be reported in the future.
