$PEPE has surged 11x in the past week, nearly reaching a $2B market cap, driven by major exchange listings such as Binance. After analyzing over 200k Uniswap transactions, here are our findings on some of the most profitable $PEPE traders.
First comes 0x4a2c, famously known as dimethyltryptamine.eth. Initially, he spent $260 for 5.9T $PEPE tokens, and his holdings were worth over worth over $9M at time of analysis.
Days ago, began aggressively selling, as expected after such a massive run, offloading 56% of their position for over $4M in realized profits. He then transferred the funds to other wallets in 100.1 $ETH clips.
Next up is 0xc2450b497778cbd63fc57ab4240a9e62a51f6b1b.
0xc2450b was an early buyer of $PEPE, first purchasing 434B tokens on April 18th at an average cost of $37k, his current fortune stands at almost $2M.
This trader appears undecided, as evidenced by his pattern of selling and then repurchasing within hours. However, on the day of analysis, he made another unusual move that caught our eyes.
After liquidating most of his holdings, he bought everything back with 321 $ETH just an hour before Binance announced their listing, which shot $PEPE up by almost 100% shortly after.
At time of analysis, he sat on $1.4M of profits and continues to hold $PEPE.
Another notable trader is 0x45cf1.
He received 2.34T $PEPE about 15 days ago, valued at $729K at the time of transfer, and currently holds a total of $2.1M. Upon tracing the funds, it seems the tokens were initially acquired three weeks ago for just $26 on another wallet, 0x08f12.
0x45cf1 started selling about a week ago and has been gradually offloading his position ever since, realizing a total profit of $3.4M (1700 $ETH).
He still retained 23% of his initial position remaining, valued at $2M at time of analysis.
Finally comes jezebel.eth, who has been actively trading $PEPE across three wallets.
Based on our estimates and transaction analysis, he has made a total of $2.4M in profits with an average investment of $360k. This impressive performance results in a return of almost 7x.
Thanks for posting! Added these addresses to my watchlist on DeBank