All You Need To Know About 3 Smart Money Addresses Made Millions Investing in SHIB and PEPE

Shiba Inu (SHIB) and PEPE are two of the hottest cryptocurrencies in the market today. They have recently experienced a bull run, with many investors making significant profits from these assets. In this article, we will discuss three smart money addresses that have made millions from investing in SHIB and PEPE during both assets’ bull runs. We will also talk about why these whales are essential to keep an eye on.

Introduction

Cryptocurrencies have taken the world by storm. In recent years, many investors have turned to cryptocurrencies as an alternative investment opportunity. Shiba Inu and PEPE are two such cryptocurrencies that have recently garnered a lot of attention. Both of these assets have experienced significant price surges, making them attractive to investors.

Who are Smart Money Addresses?

Smart money whales are investors who are knowledgeable of market trends and experienced in trading, with a track record of successful investment decisions proven by on-chain data. These addresses are crucial to keep an eye on as they can influence market trends with their investments.

3 Smart Money Addresses Made Millions Investing in SHIB and PEPE

Lookonchain, an on-chain surveillance resource, has recently drawn attention to three smart money addresses that made millions in profits from investing in SHIB and PEPE before both assets’ bull runs. Let’s take a closer look at these addresses.

Address 1

The first address purchased 1.31 trillion SHIB with $13.5K in February 2021 when SHIB was trading at $0.00000001. The address sold the tokens for $5.81 million amid the bull run, netting a profit of over $5.8 million. This same address started procuring PEPE on April 17, before the hype surrounding the asset gained momentum, purchasing a total of 396.7 billion PEPE with $9,815. The address sold 116.8 billion tokens from its PEPE holdings for $392K. They now hold 280 billion PEPE, with $1.18 million in realized and unrealized profits.

Address 2

The second address began procuring Shiba Inu as early as April 2021 and made a profit of $3.84 million on their SHIB investment. This address started purchasing PEPE on April 19 of this year, procuring 558.5 billion PEPE with $286K. They now have an unrealized profit of $1.34 million on PEPE.

Address 3

The third address, with the domain “cryptopolitan.eth,” purchased SHIB in February 2021, at the same time as the first address, raking in a profit of $2.45 million on the investment. This address started buying PEPE on April 19, purchasing 340 billion PEPE with $103K. They’ve secured a profit of $695K on the PEPE investment.

Why Are These Addresses Important to Watch?

These three addresses highlighted by Lookonchain are smart money whales. As mentioned earlier, these addresses are knowledgeable about market trends and experienced in trading, making them crucial to watch. They can influence market trends with their investments and provide insights into the market sentiment.

Conclusion

In conclusion, SHIB and PEPE have recently experienced a bull run, making them attractive to investors. Three smart money addresses have made millions from investing in these assets, highlighting the importance of keeping an eye on these addresses. Smart money whales are crucial to watch as they can influence market trends with their investments and provide insights into market sentiment.

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Konstantinos77

Crypto Tech News 24

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