170.2 Billion PEPE Dumped by Diamond Whale for Massive Profit.

Crypto whale tracking and analytics account @lookonchain posted about a mysterious crypto whale, “Diamond Hand,” dumping a massive pepe coin several hours ago.

This whale has been holding onto these pepe coins for almost a year and has now made a massive return on his investment in this meme coin.

Selling Billions with Massive ROI.

The aforementioned Diamond Hand moved 170.2 billion of these promoted $PEPE meme coins to a crypto exchange where he sold them, earning $1.77 million. The ROI on this investment was a whopping 886%, according to the tweet.

@Lookonchain shared that at the end of October last year, this trader bought 107.2 billion PEPE, spending $200,000 on this purchase. He has held onto them to this day.

PEPE Coin Drops 11%.

Over the past 24 hours, the PEPE cryptocurrency has seen a significant decline, losing nearly 12% after a 10.76% surge on Wednesday. So far, PEPE has lost the $0.00001293 price mark and collapsed to $0.00001141. PEPE emerged suddenly in April last year, created by a team of anonymous developers. Unlike other popular meme coins, this one was not inspired by Shiba Inu dogs but by Pepe the Frog, a popular internet meme.