TechFlow reported on January 16 that a wallet address, which had earned $4.92 million from PEPE token trades over the past six months, fully liquidated its holdings of 588.2 billion PEPE tokens, worth approximately $10.99 million, realizing a profit of $1.053 million in this transaction.
The address began accumulating PEPE tokens in batches starting December 20, 2023, at an average purchase cost of $0.0000169 per token. It sold out during the recent market recovery at a price of around $0.00001869 per token.
To date, this address has generated a total profit of $5.97 million from PEPE token trading.
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