The stock trader and analyst who fueled the GameStop frenzy Keith Gillwhich has led to a huge rise in meme tokens in the last few days.
The rise in meme tokens caused a revival of excitement among whales, who accelerated their purchases.
According to Spot On Chain’s post, whales in the last 24 hours PEPE And FLOKI accumulated.
Accordingly, the controversial market maker who has not purchased FLOKI for more than 1 year DWF Labs repurchased FLOKI from Binance.
Secondly, a whale that was very successful in PEPE trading also bought PEPE worth $4.2 million. This whale has traded PEPE twice before, making a total profit of over 100% both times.
“Smart investors have been accumulating PEPE and FLOKI in the last 24 hours! Is Memecoin season returning?
1. DWF Labs withdrew 2B FLOKI ($394 thousand) from Binance.
Notably, this acquisition marks DWF Labs’ first FLOKI acquisition in over a year.
2.Smart investor 0x37d withdrew 407.74 billion PEPE (worth $4.2 million) from Binance as the 3rd transaction 19 hours ago and has now earned $292 thousand (+6.95%).
This whale has made a total profit of $3.59 million (+100%) from 2 successful PEPE trades in the past.”
Moreover IntoTheBlock In his post, he shared that 100% of PEPE owners made a profit after the rise.
100% of $PEPE holders are currently in profit pic.twitter.com/nbNp3esIlu
— IntoTheBlock (@intotheblock) May 14, 2024
7% increase in the last 24 hours PEPE At the time of writing, it continues to be traded at $ 0.00001039.
*This is not investment advice.
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