#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 the exchange Kraken, with a total value of approximately $8.45 million. Currently, the whale still holds 1 trillion PEPE tokens, worth about $18.4 million. It is estimated that this sale will bring the whale a profit of approximately $13.45 million, with the first transaction already generating a profit of $11.4 million and the second transaction currently underway, expected to bring in $2.05 million in revenue. The PEPE token price has dropped by 10.4% in the past 24 hours, and the market is concerned about the whale's selling behavior.
Ace Hot Topic Analysis
Analysis
Recently, a whale has sold 427 billion PEPE to the Kraken exchange over the past 32 hours, totaling $8.45 million. Of this, 10 hours ago, the whale deposited 210 billion PEPE into Kraken in a single transaction worth $3.95 million. Currently, the whale's PEPE balance is 1 trillion, worth $18.4 million. According to transaction records, the whale is expected to make a profit of $13.45 million from these two transactions, with $11.4 million from the first transaction and $2.05 million from the second. Although the whale's selling activity has caused PEPE prices to drop by 10.4% in the past 24 hours, its massive profit remains noteworthy. This has once again raised concerns about PEPE price volatility and whale manipulation in the market.
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 expected to profit $13.45 million from the PEPE dump.
The whale selling could have further negative impact on PEPE price.