Crypto Whale Nabs Millions Trading SPX & These 3 Coins

In an unprecedented development, a crypto whale has caused a frenzy across the broader industry on Thursday, making millions with the meme coins SPX6900 (SPX), Mog Coin, WOJAK, and Pepe Coin (PEPE).

A crypto whale has made millions of dollars trading meme coins like SPX6900 (SPX), Mog Coin, WOJAK, and Pepe Coin (PEPE).

According to data from Lookonchain on October 17, an unknown wallet address (0xCa3C..) has made $2.19 million on Pepe Coin, $1.7 million on SPX6900, $1.37 million on MOG, and $207K on WOJAK with their recent trading strategies.

The trader started offloading their SPX6900 holdings for remarkable profits following a recent price upswing in SPX.

Simultaneously, the smart trader started accumulating more PEPE and WOJAK, sparking optimism.

The crypto whale spent $57K to buy 10.1 million SPX6900 from mid-December last year to May this year, data showed. Afterward, the whale sold 9.1 million SPX for $1.12 million after the token witnessed a price rally. This trade offered a profit of $1.7 million.

Meanwhile, the same address has accumulated Pepe Coin since December 10 last year and owns 318 billion PEPE, valued at $3.24 million, in two wallets to date. The unrealized gains for this holding is estimated at $2.19 million.

Moreover, the trader also holds 648.4 billion MOG, valued at $1.29 million, with a profit of $1.37 million.

In total, the smart trader currently holds over $3 million worth of PEPE, over $1 million worth of Mog Coin, and nearly half a million dollars worth of the remaining two coins each. These trading strategies have promptly created a buzz across the top meme coins sector as market watchers look to amass similar staggering profits.

Here's How The Coins Are Performing

SPX price today saw a 4% drop to $0.6568. However, on the weekly and monthly charts, the coin showcased gains of 11% and 2141%, respectively.

Meanwhile, WOJAK price dipped nearly 8% today, reaching $0.001259. However, on the weekly and monthly time frames, the token showcased an increase of 27% and 118%, respectively.

PEPE price decreased in value by 3% to $0.00001013 today. Nevertheless, the coin was up 9% weekly and 64% over the month.

Lastly, MOG price gained nearly 3% today, reaching $0.000001972. On the weekly and monthly charts, the coin showed gains of 40% and 112%, respectively.

The abovementioned stats have garnered significant investor attention toward the meme-themed digital assets sector. It's also worth noting that another meme token, Dogecoin, is seeing positive vibes in the market. CoinGape Media reported that DOGE price could hit $0.5 amid rising whale activity, which aligns with the gains across the meme coins sector. Crypto market enthusiasts are keeping an eye on the sector in light of recent events.

The above is the detailed content of Crypto Whale Nabs Millions Trading SPX & These 3 Coins. For more information, please follow other related articles on the PHP Chinese website!