Cryptocurrency Whale Known as 0x4a2 Returns to the Market After 10-Month Period of Inactivity

The whale recently swapped 10 billion PEPE tokens, valued at $112,000, for 32.73 ETH at a price of $0.0000112118 per token.

A new cryptocurrency whale has emerged, making waves with a recent transaction. The whale, known as 0x4a2 (“dimethyltryptamine.eth”), recently swapped 10 billion PEPE tokens, valued at $112,000, for 32.73 ETH at a price of $0.0000112118 per token.

This move is particularly noteworthy as 0x4a2 was among the earliest adopters of PEPE, having begun trading the token on April 14, 2023. The whale's initial investment of $45,000 in PEPE has now grown to an estimated total profit of $27.08 million, representing an impressive gain of 59,600%.

At the time of writing, 0x4a2 still holds a substantial amount of PEPE, with 1.99 trillion tokens valued at $22.35 million. In addition to PEPE, the whale also holds the following tokens:

– 711.7 million WOJAK tokens worth $712,000, with an unrealized profit of $457,000 (+64.1%)

– 147.5 billion MOG tokens valued at $227,000, with an estimated total profit of $824,000 (+469%)

Meanwhile, a new wallet has withdrawn over $120 million worth of assets from Binance just two hours ago, according to Lookonchain. The assets include:

– 40.7 million USDT

– 9,425 ETH worth $30.15 million

– 957.77 billion PEPE valued at $9.84 million

– 583.78 billion SHIB worth $9.68 million

– 16,192 BNB valued at $9 million

– 58.15 million DOGE worth $6.95 million

– 438,721 RNDR valued at $3.17 million

– 5.18 million MATIC worth $2.81 million

– 3 million FTM valued at $1.59 million

– 9.49 billion FLOKI worth $1.56 million

– 104,128 LINK valued at $1.5 million

– 840,776 FET worth $1.06 million

– 39,141 AVAX valued at $1.05 million

– 2.76 million GRT worth $556,000

This massive withdrawal of a diverse range of cryptocurrencies from Binance is indicative of the significant movements and investments occurring in the crypto market. Keep following The Merkle Hash for the latest updates on key crypto events.

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