Whales Making Massive Purchases on Pepe Coin Despite Millions in Profits

Two traders, already making significant profits on popular meme coin Pepe (PEPE), have made new purchases. On-chain data platform Lookonchain, in a tweet on March 21, featured two traders who made new investments despite already having profit in Pepe. The first investor spent the USD Coin (USDC) to buy a total of 460.2 billion PEPE worth a total of 3.67 million dollars, with 2.5 million dollars in profit from PEPE. The other investor made a Shiba Inu (SHIB) sale worth 1.12 million dollars to buy 1 billion PEPE and 64 Ethereum (ETH) worth $224,000 in similar hours. This investor currently holds 300 billion PEPE and an estimated profit of around $4.27 million dollars. According to CoinGecko data, PEPE is currently trading at $0.00000819, up 10.6% in the last 24 hours.