Twitter account Spot On Chain has reported on a significant swap made by a $PEPE whale, who exchanged 3400B $PEPE tokens for 925 $ETH (equivalent to $1.8M) just six hours ago. The investor had previously bought 5421B $PEPE with just 1 $ETH via Uniswap 16 days ago, and then swapped 21.64B $PEPE to 3.5 $ETH via Uniswap on April 24.
🔥🔥A $PEPE whale just swapped 3400B $PEPE to 925 $ETH ($1.8M) 6 hours ago, ROI is 1650x in 2 weeks.
— Spot On Chain (@spotonchain) May 1, 2023
➡️He bought 5421B $PEPE with just 1 $ETH via uniswap 16 days ago
➡️ Swapped 21.64B $PEPE to 3.5 $ETH via Uniswap on 24 Apr
➡️ Swapped 3400B $PEPE to 925 $ETH via Uniswap just now… pic.twitter.com/8gK538E45t
With a 1650x ROI in just two weeks, the investor still holds 2000B $PEPE ($1.5M). The $PEPE token is a meme-based cryptocurrency that has gained popularity in recent weeks.
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