#PEPE whale cuts losses, loses millions#
Hot Topic Overview
Overview
Recent whale transactions involving PEPE coin have attracted attention. One whale sold 110 billion PEPE for 1.916 million USDC just 30 minutes ago, resulting in a loss of $1.31 million due to previous high-price purchases. This whale had spent 4.666 million USDC to buy 265.8 billion PEPE in December 2024 and sold 245.8 billion PEPE for 4.314 million USDC during the recent downturn. Currently, this whale only holds 20 billion PEPE, worth about $350,000. Additionally, another whale has profited $1.808 million from nine PEPE trading cycles in the past, and added $1.01 million worth of PEPE to their holdings in the last week, but is currently facing an unrealized loss of $603,000. These events indicate that PEPE coin exhibits significant market volatility, and whale transactions carry risks, prompting investors to exercise caution.
Ace Hot Topic Analysis
Analysis
Recently, the PEPE market has seen a whale dumping phenomenon, raising market concerns. According to on-chain analysts, a whale sold 110 billion PEPE tokens 30 minutes ago, in exchange for 1.916 million USDC, resulting in a high-buy low-sell loss of $1.31 million on PEPE, a loss rate of 22%. This whale had purchased 265.8 billion PEPE for 4.666 million USDC in December 2024 and has since sold 245.8 billion PEPE, in exchange for 4.314 million USDC. Currently, this whale holds only 20 billion PEPE, worth about $350,000.On the other hand, another investor, monitored as "a whale who has made a profit of $1.808 million from nine PEPE rallies since 2024.03", has added another $1.01 million worth of PEPE after a week. This whale withdrew 57.2 billion PEPE from Binance 19 hours ago and currently has a total of 248 billion PEPE in their tenth round of rallies, worth approximately $4.36 million. Their cost is $0.00002003, currently experiencing an unrealized loss of $603,000.These events reflect the high volatility of the PEPE market, and the significant impact of whale trading behavior on market trends. Investors need to be cautious when investing in PEPE, closely monitoring market dynamics and implementing risk management strategies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
PEPE whale trading fails, buying high and selling low results in millions of dollars in losses.
PEPE whale bought at the top and cut losses during the recent decline, resulting in huge losses.
The trading behavior of PEPE whales has attracted market attention, and investors need to be cautious.
PEPE prices are volatile, and investors need to be aware of the risk of whale manipulation.