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The giant Whale may have sold half of the altcoin from which it made a huge profit!
Crypto onchain data revealed that a large whale may have sold an altcoin that generated a significant profit.
According to the data, the wallet with the short address 0x3c9E transferred 502.5 billion PEPE tokens worth 6.47 million dollars to the cryptocurrency exchange Binance. However, the whale still continues to hold 497.5 billion PEPE tokens worth 6.41 million dollars.
Interestingly, this crypto whale made a profit of 7.47 million dollars from PEPE in just the last month, and the reason for the transfer may be profit realization.
However, the largest altcoin in the whale's hands is not PEPE. Currently, the crypto whale, which has a total asset portfolio worth 25 million dollars, holds 11.16 million dollars worth of staked Ethereum. In second place are PEPE assets, while USDC and USDT take the third and fourth places with 6 million dollars and 2 million dollars, respectively.
There is also 426 thousand dollars worth of LINK tokens, which will be in low amounts compared to the whale's portfolio.
*This is not investment advice.
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