---
title: "Trader made $46 million with PEPE after hitting new ATH"
url: https://diffcoin.com/trader-made-46-million-with-pepe-after-hitting-new-ath/
description: "One trader made massive profits after PEPE reached a new all-time high"
published: 2024-05-15
updated: 2024-05-15
author: "Mila"
site: "Diffcoin"
---

# Trader made $46 million with PEPE after hitting new ATH

Following the Pepe (PEPE) price rally to new all-time highs, a trader made a 15,718x profit in one year.

According to data provided by Lookonchain, the trader purchased a total of 4.9 trillion PEPE for less than $3,000 on April 15, 2023 — selling $2,256 worth of Timeless (LIT), $210 worth of Ethereum (ETH) and 500 USDC to buy the memecoin.

> Earned more than $46M on [$PEPE](https://twitter.com/search?q=%24PEPE&src=ctag&ref_src=twsrc%5Etfw) with only $3K, a gain of 15,718x!😱
> 
> This super big winner sold 255B [$PEPE](https://twitter.com/search?q=%24PEPE&src=ctag&ref_src=twsrc%5Etfw)($2.3M) for profits again after the price of [$PEPE](https://twitter.com/search?q=%24PEPE&src=ctag&ref_src=twsrc%5Etfw) increased.
> 
> He spent only $3K to buy 4.9T [$PEPE](https://twitter.com/search?q=%24PEPE&src=ctag&ref_src=twsrc%5Etfw)($56M currently) on Apr 15, 2023, and sold 1.41T [$PEPE](https://twitter.com/search?q=%24PEPE&src=ctag&ref_src=twsrc%5Etfw) for $7.4M, with 3.5T… [pic.twitter.com/VKGxmK9gCt](https://t.co/VKGxmK9gCt)
> 
> — Lookonchain (@lookonchain) [May 15, 2024](https://twitter.com/lookonchain/status/1790632009867591866?ref_src=twsrc%5Etfw)

After the massive returns, the wallet holder has sold a total of 1.41 trillion PEPE so far, worth $7.4 million.

On-chain data shows that the trader still has a total of 3.5 trillion PEPE tokens, worth roughly $38.9 million at the reporting time. The massive profits come as PEPE reached a new all-time high of $0.00001145 earlier today.

The frog-themed meme coin is up by 12.1% in the past 24 hours and is trading at $0.00001142 at the time of writing. Following the price rally, PEPE currently has a total market cap of $4.8 billion, making it the 23rd-largest crypto asset in the market.

![Trader made $46 million with PEPE after hitting new ATH - 1](https://crypto.news/app/uploads/2024/05/Pepe-PEPE-11.54.52-15-May-2024-1024x347.png)

PEPE price and whale activity – May 15 | Source: Santiment

Moreover, the Pepe daily trading volume also registered a 76% rally over the past 24 hours, reaching $3.85 billion.

According to a crypto.news report on May 14, whale transactions consisting at least $100,000 worth of PEPE skyrocketed over the past 48 hours. However, data from Santiment shows a decline from 706 to 698 such transactions over the past 24 hours.

[Source link](https://crypto.news/trader-made-46-million-with-pepe-after-hitting-new-ath/)