A whale recently transferred $14.5 million worth of PEPE to Binance and is now investing in TURBO, according to Lookonchain data. PEPE coin has seen a significant increase in value, with its market capitalization reaching over $1 billion. The whale's actions are being closely monitored by traders, with some speculating that TURBO may be the next big thing. The Turbo meme coin is created using artificial intelligence, and its success remains to be seen.
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Whale Transfers $14.5M of PEPE to Binance and Buys TURBO
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1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX -
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According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches. -
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Nascent withdrew 447.67 billion PEPE from Binance 6 hours ago, accounting for the largest proportion in its investment portfolio
Spot On Chain reported that six hours ago, Nascent withdrew 44.767 billion PEPE coins (worth $5.48 million) from Binance, currently with a profit of $262,000 (+4.8%). Currently, PEPE ranks first in the investment portfolio of the venture capital firm, followed by MKR, with a total profit of $2.45 million (+248%). -
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