- Crypto analyst and 100x hunter tracks a PEPE trading crypto wallet.
- This trader took a huge risk by investing in 14 different PEPE-themed memetokens.
- Two trades took off and brought massive 100x profits to this wallet.
A popular 100x hunter on the Twitter crypto space dives deep into one memecoin success story. In particular, this Twitter user takes a magnifying glass to one crypto wallet specifically. The wallet in question gambled on multiple Pepe-themes memecoins and made a massive profit.
As we can see from the tweet above, the user posts about a crypto trader who got very lucky after taking a prepared risk. By doing so, this user was able to pump their wallet at an unbelievably high return.
Out of all the risks the trader took, two memecoin investments gave back at more than 62,000% in total. In detail, the two memetokens that paid off are $PEPE and $PEPE2. The post wonders if this is an incredible skill at crypto trading or is it suspicious behaviour?
The post goes into detail on the big trading movements made by the crypto trader’s wallet. Overall, the thread covers the wallets PEPE and PEPE2 trades, its PNL, its first and last buy price and date, and all the other versions of PEPE it bought.
Of all the trades made, the ones that stood out were a PEPE trade on April 15. The trader bought 199 billion PEPE for $209. On April 20, at the peak of the PEPE memecoin hype, the trader made a massive profit. It made $41,574 by swapping to Ether (ETH).
Similarly, between May 10 – May 22, the wallet cashed out at $103,321 making a total PNL of $144,895. This is a whopping 72,347% in profits. As for the wallet’s PEPE2 trades, on June 28 it bought 3.8 trillion for $188 and cashed out $68,442 the next day. Two days after got an additional $49,229 for a total PNL of $290,671 for a total profit of 154,512%.
Overall, the wallet traded a total of 14 different PEPE-type of memetokens at around $200 each. Lucky for them, two of these investments took off at an unfathomably high level. Just another one of those crypto trading success stories. There is always risk involved here making it imperative to do your own research.
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