#Whale is accumulating PEPE#
Hot Topic Overview
Overview
Recently, a whale has sold 427 billion PEPE tokens in two separate transactions to Kraken exchange over the past 32 hours, totaling approximately $8.45 million. The first transaction has been completed, with an estimated profit of $11.4 million. The second transaction is still ongoing, with an estimated profit of $2.05 million. Currently, the whale's account still holds 1 trillion PEPE tokens, worth approximately $18.4 million. Despite the PEPE price dropping by 10.4% in the past 24 hours, the whale's trades are still expected to generate significant profits.
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. Among them, 10 hours ago, the whale deposited another 210 billion PEPE tokens into the Kraken exchange, worth about $3.95 million. Currently, the whale holds 1 trillion PEPE tokens, worth approximately $18.4 million. It is estimated that the whale has made a profit of about $13.45 million from PEPE trading, with $11.4 million from the first transaction and an estimated $2.05 million from the second transaction. It is worth noting that the price of PEPE has dropped by 10.4% in the past 24 hours, which may be related to the whale's selling behavior. Market analysts believe that the whale's continuous selling behavior may have a further negative impact on the price of PEPE, and investors need to pay close attention to market dynamics.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whales are dumping PEPE, selling 427 billion tokens in the past 32 hours.
The whale selling has caused PEPE price to drop 10.4% in the past 24 hours.
Whales are estimated to have profited $13.45 million from PEPE trading.
The whale selling could have further negative impact on PEPE price.