#Whale dumps PEPE, losing millions#
Hot Topic Overview
Overview
Recently, there have been a series of whale transactions involving PEPE coin. One whale sold 110 billion PEPE 30 minutes ago, exchanging them for 1.916 million USDC. However, due to previous high-price purchases, this transaction resulted in a loss of $1.31 million. This whale spent 4.666 million USDC to buy 265.8 billion PEPE in December 2024 and has sold 245.8 billion PEPE for 4.314 million USDC since the decline. Currently, the whale only holds 20 billion PEPE, worth approximately $350,000. In addition, another investor, known as the "whale who has profited $1.808 million from nine PEPE swings since March 2024," has added more PEPE to their holdings in the past week. They currently hold 248 billion PEPE, but due to the high cost, they are currently experiencing a floating loss of $603,000.
Ace Hot Topic Analysis
Analysis
Recently, news of a whale selling PEPE and losing millions has attracted widespread attention. According to on-chain analysts, the whale sold 110 billion PEPE 30 minutes ago, exchanging them for 1.916 million USDC. However, they bought high and sold low, resulting in a loss of $1.31 million, a 22% loss. This whale had previously spent 4.666 million USDC to purchase 265.8 billion PEPE in December 2024. Since the recent decline, they have sold 245.8 billion PEPE, receiving 4.314 million USDC. Currently, the whale holds only 20 billion PEPE, worth approximately $350,000. Notably, another whale monitored has been engaging in swing trading with PEPE, completing ten rounds of operations. They currently hold 248 billion PEPE but are experiencing an unrealized loss of $603,000. These events highlight that despite PEPE being a meme coin with significant price volatility, there are still substantial risks involved. Investors need to exercise caution, avoid buying high and selling low, and implement effective risk management strategies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whales bought high and sold low on PEPE, resulting in losses, indicating high market volatility risk. Investors need to be cautious.
Whales dumped PEPE, causing the price to drop, reflecting a lack of market confidence in PEPE. Investors need to be wary of risks.
PEPE's price fluctuates significantly, posing a high speculative risk. Investors need to invest cautiously.
Whales' trading activities have a significant impact on market prices. Investors need to pay attention to whale movements.