A mysterious crypto whale, who previously invested 9,600 SOL into tokens $Pnut and $FRED, has now started accumulating a third token, $OPK, causing its price to skyrocket.
Within just an hour, the whale’s actions drove $OPK’s price up by an astonishing 800%.
The token $OPK—short for “Obi PNut Kenobi”—takes inspiration from an iconic image: a squirrel wielding a lightsaber, as seen in Elon Musk’s pinned tweet.
Over the past two hours, the whale spent 1,500 SOL, valued at approximately $248,000, to purchase 84.32 million $OPK tokens, bringing the average cost per token to $0.0029.
As a result of this surge, the whale is already sitting on an estimated floating profit of $30,000.
In addition to his significant position in $OPK, this address is ranked as the top holder of $FRED and among the top five holders of $Pnut, showcasing his influence within these emerging tokens.
This whale’s moves have sparked considerable interest, driving excitement among traders and raising questions about the future impact of his accumulating investments across these coins.
The crypto community will be watching closely to see what the next steps may be for this high-profile investor.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: thvideo/123RF // Image Effects by Colorcinch
Mia Sanders, NYC Entrepreneur, Made Millions by Investing in BTC: Could BlockDAG Be Next for…
A Miami Artist's $5.2M Solana Success: Does BlockDAG Hold Equal Promises for 30,000x ROI? Success…
Recent market trends show that the new DeFi coin, FXGuys ($FXG), has been the go-to…
Curious about where the Polkadot price is headed? Or maybe you’re wondering if XLM’s rally…
Any investor can achieve outstanding profit by selecting the best crypto presale in the growing…
Crypto Influencers Eye BlockDAG’s Bullish $142.5M Presale & BULLRUN100 Offer; Latest on XRP & Solana…