Whale"0x31f5" spend 250K $USDC to buy 227B $PEPE at $0.0000011 again 2 hrs ago.
The whale spent a total of 3.25M $USDC to buy 2.81T $PEPE.
The on-chain data shows that this whale is the SmartMoney who made ~$11.47M on $PEPE before!
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A thread
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Do you remember this SmartMoney"0x9e03"?
He spent 422 $ETH ($871K) and 200K $USDC to buy 4.23T $PEPE from Apr 19 to Apr 27.
And deposit $PEPE into #Binance after the listing on #Binance.
Then his other address"0x24b0" withdrew 12.54M $USDT from #Binance.
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So the SmartMoney selling all $PEPE probably get 12.54M $USDT in the end, and the profit is $11.47M!
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Funds for the whale"0x31f5" to buy $PEPE were received from address "0x24b0".
Whale"0x31f5" received a total of 5M $USDC from address "0x24b0".
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This whale was not an early buyer of $PEPE, but he kept buying $PEPE from Apr 19 to Apr 27 when the price of $PEPE was depressed.
So is he buying $PEPE again with so much money because he knows something we don't?
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And please note that he has spent ~$1.81M to buy 3B $TURBO so far, but it is only worth $376K now.
Not sure whether the price of $TURBO will rise in the future, and whether his investment in $TURBO will be successful.
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