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A Whale deposited 50.25 billion PEPE into CEX, expecting to profit nearly 2 million dollars.
According to Gate News bot, monitored by Ai Yi, "a Whale / institution that made a profit of 14.26 million dollars by buying low and selling high on WBTC" deposited 50.25 billion PEPE (approximately 6.47 million dollars) into CEX within half an hour, and if sold, would profit 1.974 million dollars.
The address withdrew 20 trillion PEPE from CEX at an average price of 0.00000895 USD between April 29 and May 08, 2025, with a total value of 17.9 million USD; it is currently suspected of having sold 75% of the PEPE and made a profit of 5.509 million USD, with a return rate of 41%.