PANews February 26 News, according to Lookonchain monitoring, trader pepe1stbuyer.eth previously profited over $1.4 million (6965 times) on PEPE. Recently, they spent 8.92 ETH ($16,500) to buy 2.13 million EDEL tokens.
Previously, pepe1stbuyer.eth bought 5.4 trillion PEPE for only $201 when PEPE’s market cap was below $16,000, ultimately earning over $1.4 million in profit.
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Abstract: The piece reports Lookonchain's claim that the Solana wallet fent.sol, tied to a major PEPE holder, acquired 5.66 million SPIKE tokens and built a large PEPE position. The PEPE investment reportedly peaked at around $100 million, with most PEPE sold for $5.74 million; the remaining 1.97 trillion PEPE is valued at about $7.5 million, yielding an estimated 52,600x return on the initial investment. The article illustrates the extreme volatility of meme-token trading and the influence of wallet-linked whales.
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