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PEPE whale up nearly M on investment within a month

PEPE whale up nearly $5M on investment within a month

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Source: Coin Telegraph

The memecoin whale made an over 52% return on its initial investment within a month, despite PEPE’s price falling over 17% from its all-time high.

A whale, or a large memecoin holder, has made a nearly $5-million profit on the Pepe token within a month. Can Pepe’s price continue to rise due to another incoming wave of retail interest?

A savvy memecoin whale made $4.95 million within a month, which is a 52% return on their initial investment, despite Pepe’s (PEPE) price falling over 17% from its all-time high.

The whale has deposited all their PEPE holdings into a Binance wallet, according to a May 30 X post by Lookonchain, that wrote:

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Author: Zoltan Vardai