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A whale sold $2m amount of assets to go all in on PEPE

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by COINS NEWS 69 Views

He sold WBTC worth $590K - Cult $90K - UNI $25k - ETH $37K for 1.7T PEPE, around $2.19M currently.

Here is the address:

0xedcfe14e38ef230747f7204324499dd7dae063dc

Do some people think that it's an easy way of making quick money, or that it will become the new DOGE? It's a very risky move selling all your assets worth $2m to invest in a coin that's so risky, I wouldn't risk the two million at all. No need to, that's already a lot. Greed may cost him but who knows, he might also get lucky.

Honestly it's 50/50 at this point, either it will become the new Doge or die and never rich it's ATH ever again like so many other.

Some might think that whales keep making more money everytime but they do lose a lot, you just never see it really.

Average buying price was $0.0000005533.

It was posted by LookOnChain on Twitter who first noticed the transactions.

https://twitter.com/lookonchain/status/1654061347813076993?t=B_4ZhBsRngph3bKQnoegMw&s=19

Curious to see how it will play out.

submitted by /u/Elie0_0
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