A skilled Ethereum (ETH) whale made over 10X in gains on Pepecoin (PEPE), according to on-chain data-tracking firm Lookonchain.
Lookonchain reports that an Ethereum whale that nicknamed itself “BlackRock Fund” flipped $244,000 into over $2.63 million trading PEPE.
“BlackRock Fund bought 1 trillion PEPE ($244,000 at that time) at an average price of $0.0000002431 on April 21, and sold all 1 trillion $PEPE ($2.63 million at that time) at an average price of $0.000002627 on May 5.
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The profit is ~$2.39 million (10x).”
Now, Lookonchain says that the mysterious entity has withdrawn most of its PEPE bag from Binance, for reasons unknown.
“We noticed that BlackRock Fund withdrew 1.27 trillion PEPE ($1.98 million) from Binance to four addresses…
And BlackRock Fund made $2.39
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