Memecoin Whales Are Active: They Transact Huge Amounts – One Made a Profit of $129 Million!

The whale is a gigantic creature known as 0xd6c. cryptocurrency wallet, recently transferred 200 billion to Gemini and Crypto.com, equivalent to $6.49 million, at an average price of $0.00003245. SHIB deposited.

The wallet is known for its early investment in SHIB, purchasing 15.2 trillion SHIB with just 10 ETH on August 7, 2020. During the massive SHIB pump, it managed to deposit 250 billion SHIB to KuCoin at $0.0000819 ($20.5 million) on October 28, 2021. In the last 10 days of the second big pump period, the whale in question deposited 400 billion SHIB to wallets Crypto.com and Gemini at an average of $0.00002952 ($11.8 million).

Currently, the big whale in question has an estimated profit of $129 million (+445% profit rate) with SHIB 2.6 trillion ($85.15 million) remaining.

PEPE Whale Also Made a Huge Profit

The whale withdrew a total of 1.901 trillion PEPE from OKX on March 3, 5 and 10, 2024 at an average of $0.000005727 (estimated cost: $10.9 million).

The whale had withdrawn a total of 1.901 trillion PEPE from OKX on March 3, 5 and 10, 2024 at an average of $0.000005727 (estimated cost: $10.9 million). He gradually deposited the said tokens to OKX on March 3, 7, 9 and 12, 2024 at an average of $0.000007496 ($14.25 million). If Whale was buying and selling on his transactions to the exchanges, he made an estimated total profit of $3.36 million (+30.9%).

Previously, this whale earned $519k (+9.49%) on 805,691 WLD trades between February 16 and March 1, 2024, and lost $270k (-18.1%) on 2.03 million BIGTIME trades between December 12-20, 2023 and it was reported that he lost $52.2 thousand (-5.5%) on 202,708 RNDR trades between February 1-5, 2024.

*This is not investment advice.

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