#Whale dumps PEPE, losing millions#
Hot Topic Overview
Overview
Recently, there have been a series of whale sell-offs in the PEPE coin market. One whale sold 110 billion PEPE coins in 30 minutes, exchanging them for 1.916 million USDC. However, due to buying at a higher price earlier, the whale ultimately lost $1.31 million. This whale had purchased 265.8 billion PEPE coins for 4.666 million USDC in December 2024 and sold 245.8 billion after the price decline, currently holding only 20 billion PEPE coins. Additionally, another whale, monitored as "the whale who profited $1.808 million from nine PEPE price swings since March 2024," recently added more PEPE to its holdings but is currently experiencing a loss of $603,000. These events reflect the high volatility of the PEPE coin market, and investors should proceed with caution.
Ace Hot Topic Analysis
Analysis
Recently, news of a whale selling PEPE and losing millions has attracted 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. The whale had spent 4.666 million USDC to buy 265.8 billion PEPE in December 2024 and has sold 245.8 billion PEPE since the decline, exchanging them for 4.314 million USDC. Currently, the whale only holds 20 billion PEPE, worth approximately $350,000. Notably, another whale monitored has engaged in multiple swing trading operations on PEPE, profiting $1.808 million from nine PEPE swings since March 2024. However, this whale recently added another $1.01 million worth of PEPE in the past week, currently holding 248 billion PEPE at a cost of $0.00002003, resulting in an unrealized loss of $603,000. These events indicate that PEPE's price is highly volatile, and whale trading behavior carries risks. Investors should invest cautiously.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale bought high and sold low on PEPE, resulting in losses. For example, a whale spent $4,666,000 to buy 265.8 billion PEPE in December 2024, and has since sold 245.8 billion PEPE, resulting in a loss of $1,310,000.
PEPE swing trading is risky, and even whales who have profited multiple times may lose money in a particular operation. For example, a whale bought 248 billion PEPE in the tenth round of swing trading, and is currently down $603,000.
Whales may have various strategies for trading PEPE. For example, a whale bought 265.8 billion PEPE in December 2024, and has since sold 245.8 billion PEPE. They currently hold 20 billion PEPE, possibly to reduce risk or wait for a rebound.
Whale operations do not necessarily represent market trends. For example, a whale losing money on PEPE does not mean that PEPE will continue to decline. Market trends need to be analyzed comprehensively based on various factors.