SNEAK PEEK
- SmartMoney achieved a remarkable fortune by strategically trading PEPE tokens.
- Their astute timing and market acumen led to significant profits.
- SmartMoney capitalized on the meteoric rise and subsequent sell-off of PEPE.
In a jaw-dropping move that has left the cryptocurrency community buzzing, a shrewd investor known as SmartMoney has reaped a staggering 1,219 Ethereum (ETH) fortune. This incredible achievement amounts to a mind-boggling $2.2 million in value.
A SmartMoney who made 1,219 $ETH($2.2M) on $PEPE spent 1,173 $ETH ($2.1M) to buy 1.33T $PEPE again 14 hrs ago, the buying price is $0.000001586.
He bought 2.24T $PEPE with 26 $ETH($48K) at $0.00000002166, then sold for 1,245 $ETH($2.24M) at $0.0000009985, with a gain of 48x. pic.twitter.com/DA2FlIHo00
— Lookonchain (@lookonchain) May 13, 2023
As per Lookonchaon’s tweet, SmartMoney’s extraordinary success can be attributed to a strategic maneuver involving the enigmatic digital asset PEPE. He further noted that with impeccable timing and sharp market acumen, SmartMoney astutely seized the opportunity to sell their entire PEPE holdings just eight hours ago.
As a result, he expertly capitalized on the meteoric rise of the popular cryptocurrency. Based on the reports, SmartMoney sold an astonishing 1.33 trillion PEPE, accumulating a significant amount of 1,162 Ethereum ($2.115 million) in return. Notably, SmartMoney sold all the PEPE at an impressive price of $0.000001595.
On the contrary, this impressive sell-off is not unprecedented for SmartMoney. This can be observed from the fact that on May 13, SmartMoney promptly reinvested 1,173 ETH (worth $2.1 million) to acquire 1.33 trillion PEPE tokens. This occurred after SmartMoney had capitalized on previous transactions, resulting in an astonishing profit of 1,219 ETH, equivalent to an impressive $2.2 million.
A SmartMoney who made 1,219 $ETH($2.2M) on $PEPE spent 1,173 $ETH ($2.1M) to buy 1.33T $PEPE again 14 hrs ago, the buying price is $0.000001586.
He bought 2.24T $PEPE with 26 $ETH($48K) at $0.00000002166, then sold for 1,245 $ETH($2.24M) at $0.0000009985, with a gain of 48x. pic.twitter.com/DA2FlIHo00
— Lookonchain (@lookonchain) May 13, 2023
However, not content with this triumph, SmartMoney’s investment process continued to shine as they seized another opportunity, amassing a staggering 2.24 trillion PEPE. Remarkably, this acquisition came at a mere 26 ETH, equivalent to a modest $48,000 investment.
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- Source: https://investorbites.com/crypto-trader-turns-pepe-investment-into-2-2m-in-8-hours/
