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PEPE Trader Buys $206,500 Worth After Lookonchain Ties Sell-Off to Binance Hacker

The wallet previously spent 0.125 Ether (ETH), worth $251 at the time, to acquire 5.9 trillion PEPE; those tokens reached a peak value of $100 million.

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A sculpted green frog token rests across a fissure in dark stone / TokenPost.ai
A sculpted green frog token rests across a fissure in dark stone / TokenPost.ai

The wallet dimethyltryptamine.eth bought $206,500 worth of Pepe (PEPE), adding 45.08 billion tokens to its balance after a sell-off that Lookonchain attributed to a Binance hacker.

The wallet, abbreviated as 0x4a2C...0614, had earlier spent 0.125 Ether (ETH), worth $251 at the time, to buy 5.9 trillion PEPE. Those tokens reached a peak value of $100 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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