TREE NEWS reports: Trader dimethyltryptamine.eth (0x4a2C…0614), who spent 0.125 ETH ($251) to buy 5.9 trillion PEPE — a position worth $100 million at its peak — has bought another 45.08 billion PEPE worth $206,500 after a Binance hacker finished selling PEPE, on-chain tracker Lookonchain shows. The new purchase adds to one of the most profitable memecoin trades on record.
Trader who bought 5.9T PEPE for $251 buys 45.08B more after Binance hacker sell-off
The timing is the story: buying after a large forced seller exits is a classic liquidity signal, and the fact that the original $251 position once reached $100 million gives this wallet outsized narrative weight in a memecoin market that trades heavily on credible conviction. It matters less as a directional call than as a test of whether memecoin accumulation survives the unwind of hack-related supply, and whether copycat wallets treat this address's moves as a signal. The open question is whether the post-sell-off bid holds once the hacker overhang is fully cleared.
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