#Whale is accumulating PEPE#
Hot Topic Overview
Overview
Recently, a mysterious whale has been continuously selling PEPE tokens, attracting market attention. In the past 32 hours, the whale has sold 427 billion PEPE tokens to Kraken exchange, totaling approximately $8.45 million. Currently, the whale still holds 1 trillion PEPE tokens, worth about $18.4 million. It is estimated that the whale's selling action will bring about $13.45 million in profit, with the first transaction already generating $11.4 million in profit, and the second transaction is still ongoing. The price of PEPE tokens has dropped by 10.4% in the past 24 hours, and the market's reaction to this event needs further observation.
Ace Hot Topic Analysis
Analysis
Recently, a mysterious whale has sold 427 billion PEPE tokens to the Kraken exchange in the past 32 hours, totaling approximately $8.45 million. Of this, 10 hours ago, the whale deposited another 210 billion PEPE tokens into Kraken, worth about $3.95 million. Currently, the whale's PEPE balance is approximately 1 trillion tokens, valued at around $18.4 million. It is estimated that the whale has made a profit of about $13.45 million from selling PEPE, with the first transaction generating approximately $11.4 million, accounting for 57% of the total profit, while the ongoing second transaction has yielded about $2.05 million, representing 8.3% of the total profit. Despite the PEPE price dropping by 10.4% in the past 24 hours, the whale's trading activity has still attracted market attention, with many speculating that the whale may be engaging in arbitrage or preparing for future price fluctuations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whales are dumping PEPE heavily, selling 427 billion tokens in the past 32 hours.
Whale selling has caused PEPE price to drop 10.4% in the past 24 hours.
Whales are expected to make a profit of $13.45 million from the sell-off.
Whale selling could have a further negative impact on PEPE's price.