#Whale Sells Off PEPE, Losing Millions#
Hot Topic Overview
Overview
Recently, a series of whale selloffs have occurred in the PEPE market, the most notable being a whale who sold 110 billion PEPE within 30 minutes, resulting in a loss of $1.31 million from buying high and selling low on PEPE. This whale had purchased 265.8 billion PEPE for $4.666 million in December 2024 and has sold 245.8 billion PEPE since the decline, currently holding only 20 billion PEPE. Additionally, another whale being monitored withdrew 57.2 billion PEPE from Binance 19 hours ago, currently holding 248 billion PEPE, but is already down $603,000. These whale selloffs reflect the current pressure on the PEPE market and serve as a reminder for investors to be cautious when investing.
Ace Hot Topic Analysis
Analysis
Recently, whale sell-offs of PEPE tokens have drawn widespread attention. According to on-chain analysts, a whale sold 110 billion PEPE for 1.916 million USDC 30 minutes ago, resulting in a loss of $1.31 million, a 22% loss rate, due to buying high and selling low. This whale purchased 265.8 billion PEPE for 4.666 million USDC in December 2024 and has sold 245.8 billion PEPE since the decline, exchanging them for 4.314 million USDC. Currently, the whale holds only 20 billion PEPE, valued at approximately $350,000.It's worth noting that another whale, known as the "whale who profited $1.808 million from nine PEPE price swings since 2024.03," bought 57.2 billion PEPE for $1.01 million a week later. As of now, this whale has built up a position of 248 billion PEPE in its tenth price swing, with a total value of around $4.36 million. However, due to a cost of $0.00002003, the whale is currently experiencing a floating loss of $603,000.The trading behavior of these whales reflects the volatility of the PEPE token market and investors' concerns about its future trajectory. Although some whales have made substantial profits from PEPE, many others have suffered significant losses due to buying high and selling low. Investors should exercise caution when investing in PEPE and be aware of market risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whales bought high and sold low on PEPE, resulting in huge losses.
PEPE price fluctuates wildly, making whale operations risky.
Some whales have profited from PEPE through swing trading, but there are also cases of losses.
Whale trading activity has a significant impact on the price trend of PEPE.