Let's review an on-chain case that has already played out.
The observation points were pretty straightforward:
A giant whale accumulated 20 trillion PEPE by buying 1,173 ETH from May to September 2023. Later on-chain tracking revealed that this address deposited 500 billion PEPE into Coinbase in November 2024 to take profits. According to Lookonchain's analysis, the address still held 15 trillion PEPE at that time, with total profits exceeding $45 million.
So why is this worth revisiting, instead of just another 'get rich quick' story?
First, the accumulation period was long; it wasn't just a one-day emotional trade.
Second, when taking profits, they didn't liquidate everything at once but rather cashed out gradually while keeping some positions.
Third, the on-chain path is complete; you can see 'how to buy, how to hold, how to sell'.
If we break it down into an alpha sample, what's truly effective isn't just 'buying the right PEPE',
but rather:
- Accumulating in batches at lower levels
- Cashing out in batches at higher levels
- Not letting exit actions lock you out completely
Many people only like to look at the results when reviewing,
but the most valuable part of on-chain activity often lies in the process.
Public sources: Lookonchain / Debank
This does not constitute investment advice, dyor
The observation points were pretty straightforward:
A giant whale accumulated 20 trillion PEPE by buying 1,173 ETH from May to September 2023. Later on-chain tracking revealed that this address deposited 500 billion PEPE into Coinbase in November 2024 to take profits. According to Lookonchain's analysis, the address still held 15 trillion PEPE at that time, with total profits exceeding $45 million.
So why is this worth revisiting, instead of just another 'get rich quick' story?
First, the accumulation period was long; it wasn't just a one-day emotional trade.
Second, when taking profits, they didn't liquidate everything at once but rather cashed out gradually while keeping some positions.
Third, the on-chain path is complete; you can see 'how to buy, how to hold, how to sell'.
If we break it down into an alpha sample, what's truly effective isn't just 'buying the right PEPE',
but rather:
- Accumulating in batches at lower levels
- Cashing out in batches at higher levels
- Not letting exit actions lock you out completely
Many people only like to look at the results when reviewing,
but the most valuable part of on-chain activity often lies in the process.
Public sources: Lookonchain / Debank
This does not constitute investment advice, dyor