Big players in the crypto market are making waves again, and this time, they’re betting big on meme coins. According to Spot On Chain, a smart whale has secured a massive $13.75 million profit while trading Pepe (PEPE). Meanwhile, another whale grabbed millions worth of WIF from Binance, sparking speculation about the next move.
Big Whale Made 328% Return In PEPE
A well-known crypto whale, identified by the wallet address “0xe7d,” made a huge move recently. This savvy whale spent 974.642 ETH roughly around $2.62 million to buy 280.85 billion PEPE tokens just nine hours ago.
With this latest purchase, the whale now holds a massive 1.404 trillion PEPE, worth around $13.2 million. Even more impressive is the profit gained from these trades, now sitting at a mind-blowing profit of $13.75 million with an eye-popping 328% return.
New Whale Jumps Into WIF
Meanwhile, another big whale, known by the wallet “4FhF5,” is also in the spotlight with a major Dogwifhat (WIF) purchase. Just 11 hours ago, this fresh whale created a new wallet and withdrew 9.48 million WIF tokens, valued at $7.17 million, from Binance.
While the whale’s strategy is not yet clear, such large withdrawals often indicate strong confidence in the token’s future price surge.
PEPE & WIF Price Update
PEPE’s price has taken a sharp 15% fall, now trading around $0.000009010 with a market cap of $3.84 billion. However, its 24-hour trading volume has jumped by 24%, reaching about $825 million.
This price drop comes amid broader market declines, fueled by economic tensions between the U.S. and China over increased tariffs.
Similarly, Dogwifhat (WIF) has also seen a 12% dip in the last 24 hours, bringing its market cap to $720 million. Despite the decline, some analysts believe that if WIF breaks out of its current ascending triangle pattern, it could first target $1.10.
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