#Whale is accumulating PEPE#
Hot Topic Overview
Overview
Recently, a whale has sold 427 billion PEPE to the Kraken exchange in the past 32 hours, totaling about $8.45 million. The whale currently still holds 1 trillion PEPE, worth about $18.4 million. It is estimated that the whale will profit $13.45 million from this transaction, with the first transaction already profiting $11.4 million and the second transaction currently underway, expected to profit $2.05 million. The price of PEPE has dropped 10.4% in the past 24 hours.
Ace Hot Topic Analysis
Analysis
Recently, a mysterious whale has been continuously selling PEPE tokens, attracting market attention. According to Spot On Chain monitoring, the whale has sold a total of 427 billion PEPE tokens in the past 32 hours, worth approximately $8.45 million. Notably, just 10 hours ago, the whale deposited 210 billion PEPE tokens into the Kraken exchange, valued at around $3.95 million. Currently, the whale's PEPE balance is approximately 1 trillion tokens, worth about $18.4 million. It is estimated that this whale's sell-off is expected to generate a profit of $13.45 million, with the first transaction generating approximately $11.4 million, accounting for 57% of the total profit, while the ongoing second transaction is projected to bring in $2.05 million, representing 8.3% of the total profit. It is worth noting that the PEPE price has dropped by 10.4% in the past 24 hours, which may be related to the whale's selling activities. Market analysts believe that the whale's continuous selling behavior could have a further negative impact on the PEPE price, and investors should pay close attention.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whales are dumping PEPE, selling 427 billion PEPE in the past 32 hours.
Whale selling has caused PEPE price to drop 10.4% in the past 24 hours.
Whale selling is expected to bring $13.45 million in profit.
Whale selling could have further negative impact on PEPE price.