Solana wallet fent.sol, linked to an OG PEPE whale, bought 5.66M SPIKE tokens; its PEPE stake peaked near $100M, sold 3.94T PEPE for $5.74M, now holding 1.97T PEPE worth $7.5M for about a 52,600x return. Abstract: The piece reports Lookonchain's claim that the Solana wallet fent.sol, tied to a major PEPE holder, acquired 5.66 million SPIKE tokens and built a large PEPE position. The PEPE investment reportedly peaked at around $100 million, with most PEPE sold for $5.74 million; the remaining 1.97 trillion PEPE is valued at about $7.5 million, yielding an estimated 52,600x return on the initial investment. The article illustrates the extreme volatility of meme-token trading and the influence of wallet-linked whales.

Gate News message, April 22 — Bitfire, a Hong Kong-listed wealth management company, is acquiring a trading team and trading systems from Avenir Group, the family office founded by Li Lin, according to Bloomberg. Bitfire CEO Livio Weng confirmed the acquisition aims to expand the company's private b

Gate News message, April 22 — Revolut, a London-based fintech firm, has discussed a potential IPO valuation of $150 billion to $200 billion with investors, though the company stated it does not plan to list before 2028 and has set no formal target. Revolut recently obtained a full UK banking license

Gate News message, April 21 — Fidelity and Capital Group have become the two largest shareholders of Strive, a Bitcoin treasury company, according to CEO Cole Macro. The two firms collectively hold ASST shares valued at approximately $152.8 million, as confirmed by the company's latest

Gate News message, April 21 — Story Protocol CEO Jason Lee has been invited to speak at a private event hosted by U.S. President Donald Trump on April 25 at Mar-a-Lago in Florida. The event is organized for major holders of Trump's memecoin, Official Trump

Gate News message, April 21 — Portal, a cross-chain gaming platform, announced the launch of Portal 2.0, driven by a new leadership team backed by Animoca Brands. Benjamin Charbit, former game director at Ubisoft, has been appointed as CEO. The platform is shifting its strategic focus toward

Gate News message, April 21 — Helius CEO mert posted on X that decentralization is fundamentally "coordination without central authority." If coordination costs approach zero, the system is actually centralized; conversely, if coordination costs are infinitely high, the system

Gate News message, April 21 — Qualcomm CEO Cristiano Amon recently met with executives from Samsung Electronics, SK Hynix, and LG Electronics to discuss memory supply, chip manufacturing, and AI partnerships. The talks centered on addressing Qualcomm's tight LPDDR memory supply as demand for AI

Revolut's CEO Nik Storonsky stated that the digital bank will not pursue an IPO before 2028, emphasizing the potential of future secondary share sales for building trust. After obtaining a UK banking license, they are applying for a US bank charter, expecting approval within a year.

Gate News message, April 20 — Elon Musk has been summoned by French prosecutors to appear in Paris today for questioning regarding alleged misconduct on his social media platform X, including the spread of child sexual abuse material (CSAM) and deepfake content. Both Musk and former X CEO Linda