themerkle.com Open in urlscan Pro
172.67.183.41  Public Scan

Form analysis
1 forms found in the DOM

GET https://themerkle.com

<form method="get" id="searchform" class="search-form" action="https://themerkle.com" _lpchecked="1">
  <fieldset>
    <input type="text" name="s" id="s" value="" placeholder="Search the site">
    <button id="search-image" class="sbutton" type="submit" value="Search">Search </button>
  </fieldset>
</form>

Text Content

 * About
 * Advertise
 * Contact Us
 * Privacy Policy
 * Terms of Service



Menu
 * Featured
 * News
 * Reviews
 * Press Releases

 * About
 * Advertise
 * Contact Us
 * Privacy Policy
 * Terms of Service




WHALE 0XFBF NETS $13.1M PROFIT FROM PEPE WHILE DIVERSIFYING ACROSS OTHER CRYPTOS

Will Izuchukwu November 28, 2024


Crypto whale 0xfbf, also known by the handle @degentradingLSD, has made a
significant move by depositing 254.65 billion PEPE tokens (worth $5.15 million)
to Binance, securing a hefty profit.



Despite the sizable transaction, the whale retains 430 billion PEPE tokens,
valued at $8.7 million, bringing their estimated total profit from PEPE to an
impressive $13.1 million—a 13x return on investment.

The whale’s journey with PEPE began with the withdrawal of 759 billion tokens
from Binance at an average price of $0.000001314 on November 9 and 12, 2023. The
estimated cost of this transaction was $997,000. Since September 19, 2024, the
whale has deposited a total of 329 billion PEPE back to Binance, capitalizing on
a significantly higher average price of $0.00001747, amounting to $5.75 million.

In addition to their success with PEPE, the whale holds diverse crypto assets:

– 3.955 million DOGE: Valued at $1.69 million, this holding boasts an unrealized
profit of $1.59 million, reflecting a 15x return.



– 2.496 million LDO: Spread across two wallets (0xfbf and 0xb5c), this holding
is valued at $4.12 million but shows an unrealized loss of $432,000,
representing a 9.5% dip. Notably, the whale recently referred to LDO as “the
strongest ETH beta thus far.”

– 1.9 million HPOS10I Bitcoin: Worth $422,000, this holding reflects an
unrealized profit of $124,000, equating to a 41.7% gain.





With strategic trading moves and diverse holdings, whale 0xfbf continues to make
waves in the crypto market, leveraging profits while actively managing risk
across assets.



Disclosure: This is not trading or investment advice. Always do your research
before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT,
AI, Cybersecurity, and Metaverse news!

ABOUT THE AUTHOR

WILL

Will is a News/Content Writer and SEO Expert with years of active experience. He
has a good history of writing credible articles and trending topics ranging from
News Articles to Constructive Writings all around the Cryptocurrency and
Blockchain Industry.

Search


PRESS RELEASES

 * Crypto Billionaire Predicts Bitcoin’s $250k Milestone, Reveals …
   November 28, 2024
 * Ethereum Nears ATH, XRP Rises, BlockDAG’s Black …
   November 28, 2024
 * See The Top Picks For The Best …
   November 28, 2024


POPULAR POSTS

 * As XRP Price Climbs Above $1, WallitIQ’s …
   November 27, 2024
 * Compound Founder Withdraws $1.44 Million In EIGEN …
   October 29, 2024
 * Ethereum ETFs See Outflows Amid Price Struggles, …
   October 29, 2024

The Merkle News Copyright © 2024.