Five wallet addresses sold approximately $6.847 million worth of PEPE eight hours ago, realizing a profit of $5.66 million.

TechFlow reports, according to Spot On Chain monitoring, five wallets (likely controlled by one individual) realized a $5.66 million profit (+475%) from PEPE at its new all-time high approximately 8 hours ago.

The wallets had withdrawn a total of 969.96 billion PEPE tokens from Binance on January 16, 2024, when the value was only $1.19 million. About 49 days later, they sold all the PEPE tokens for approximately $6.847 million, securing a $5.66 million profit.