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The PEPE Coins he bought for $27 are now worth $52 million: Woke up Again! - Coin Bulletin
According to the records of the on-chain analysis platform Lookonchain, a PEPE whale made tens of millions of dollars with just a $27 investment.
According to the data shared by Lookonchain, a PEPE whale that has been inactive for 600 days transferred all of its 2.1 trillion PEPE (approximately 52 million dollars) to a new address. This massive transfer caught the attention of both PEPE investors and the crypto market.
Rarely seen in the crypto world.
The story of the whale reveals a success that is rarely seen in the world of cryptocurrency. By making its first purchase for only 0.0135 ETH (27 dollars), the whale held onto its PEPE for 600 days. With this investment, the whale achieved an extraordinary return of exactly 1,900,000 times.
Analysts emphasize that these massive gains are an example of the high volatility and risk-return ratios of the crypto markets. The market performance of PEPE demonstrates that it is possible to achieve significant profits with small investments, but it also serves as a reminder that the rapid value fluctuations of cryptocurrencies come with risks as well as opportunities.