This week, a prominent crypto investor known as a "whale" made significant profits by trading various cryptocurrencies. The whale invested $19 million in Ethereum to acquire 1.47 million FTM tokens valued at $2 million, 531.7 billion PEPE memecoins worth $11.04 million, and 4.55 million FTM tokens worth $5.83 million.
This strategic trading resulted in a profit of $1.475 million. These trades highlight the volatility and potential profitability within the cryptocurrency markets, as well as the impactful movements that large investors can make.
The trades were made using WSTETH tokens, and they showcase the whale's ability to capitalize on market opportunities using substantial investments in Ethereum and other tokens. The crypto community will be paying attention to these activities for their influence on FTM and PEPE prices.