PEPE Soars as Investor Snaps Up 142.96B Coins Amid Correction Concerns

• Smart money invests 1.26M USDC in PEPE, buying 142.96B units.
• PEPE token sees a 25% weekly surge despite market volatility.
• Bearish signals on PEPE’s 4-hour chart emerge as indicators hint at correction.

In a financial move, a notable investor known for their strategic decisions in the cryptocurrency market has recently invested a huge sum into $PEPE. The transaction involved the purchase of 142.96 billion units of $PEPE for a total of 1.26 million USDC, executed at a unit price of $0.000008831.

A $PEPE smart money spent 1.26M $USDC to buy 142.96B $PEPE at $0.000008831 2 hours ago.

The smart money has traded $PEPE 7 times in the past 6 months, 6 of which were profitable, with a win rate of 85.7%, and the total profit is $915K.https://t.co/92nzYbyfsY pic.twitter.com/Lsqf56W6hB

— Lookonchain (@lookonchain) May 6, 2024

This transaction was observed and reported two hours ago, marking a crucial moment in the trading history of $PEPE. According to Lookonchain, this investor, commonly known as “smart money” because of their proven success, has traded $PEPE seven times in the last six months.

Remarkably, six out of these seven trades have yielded profitable re…

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