#PEPE Whale Sells, Loses Millions#
Hot Topic Overview
Overview
Recently, there has been a whale dumping phenomenon in PEPE, where one whale sold 110 billion PEPE 30 minutes ago, exchanging it for 1.916 million USDC, leading to a loss of $1.31 million (-22%) due to buying high and selling low on PEPE. This whale had spent 4.666 million USDC to purchase 265.8 billion PEPE in December 2024 and has sold 245.8 billion PEPE, exchanging it for 4.314 million USDC since the decline. Currently, the whale holds only 20 billion PEPE, valued at approximately $350,000. Furthermore, another whale monitored as "the whale that gained $1.808 million from nine PEPE price swings since March 2024" added another $1.01 million worth of PEPE after a week, now holding 248 billion PEPE at a cost of $0.00002003 per coin. Currently, the whale is sitting on a paper loss of $603,000.
Ace Hot Topic Analysis
Analysis
Recently, the incident of a whale dumping PEPE and incurring losses in the crypto circle has drawn market attention. According to on-chain analysts, a whale address sold 110 billion PEPE tokens 30 minutes ago, exchanging them for 1.916 million USDC. However, they bought high and sold low on PEPE, resulting in a loss of $1.31 million, a loss rate of 22%. This whale spent 4.666 million USDC to purchase 265.8 billion PEPE in December 2024 and sold 245.8 billion PEPE during the recent decline, exchanging them for 4.314 million USDC. Currently, the whale only holds 20 billion PEPE, valued at approximately $350,000.Furthermore, another whale monitored for their swing trading on PEPE has conducted nine swing trades since March 2024, accumulating a total profit of $1.808 million. However, this whale has recently added more PEPE in the past week, spending $1.01 million. They currently hold 248 billion PEPE, valued at approximately $4.36 million. However, their cost is $0.00002003, resulting in a current floating loss of $603,000.These events demonstrate that the PEPE market is highly volatile, and the trading behavior of whales significantly impacts market trends. Investors need to be cautious when investing in PEPE and be aware of market risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
PEPE whales cut losses, losing millions, indicating high market volatility and the need for cautious operation.
Some PEPE whales bought at the high point and sold at the low point, resulting in losses, reflecting the impact of market sentiment and price fluctuations on investment.
Some whales have profited from PEPE through scalping, but some whales have also lost money, indicating that there are both risks and opportunities in the market, and investors need to make judgments based on their own situations.
As a meme coin, PEPE's price fluctuates significantly, and investors need to pay attention to risk control and avoid blindly following the trend.