A prominent whale has reportedly spent a substantial 817 ETH (approximately $1.39 million USD) to purchase a staggering 1.29 trillion PEPE tokens over the past 3 days. The whale's address, starting with 0x373, has caught the attention of blockchain tracking agency, The Data Nerd, it reported on November 5.
The whale, who had previously suffered a significant $1.3 million USD loss on the ARB token, seems to be undeterred by the volatile nature of the cryptocurrency market. Despite the hefty loss, the crypto enthusiast managed to recuperate somewhat with a handsome profit of $423,000 USD on the MKR token.