#Whale dumps PEPE, losing $1.31 million#
Hot Topic Overview
Overview
Recently, a whale suffered a loss on PEPE. The whale spent $4.666 million to buy 265.8 billion PEPE in December 2024, and sold multiple times recently. It finally sold 110 billion PEPE for $1.916 million, resulting in a loss of $1.31 million on PEPE due to buying high and selling low, a loss rate of 22%. Currently, the whale only holds 20 billion PEPE, worth about $350,000. It is worth noting that another PEPE swing whale made its tenth round of swing investment recently, spending $1.01 million to buy 57.2 billion PEPE, and has now built a position of 248 billion PEPE. However, due to the decline in the price of PEPE, it has resulted in an unrealized loss of $603,000.
Ace Hot Topic Analysis
Analysis
Recently, a whale lost $1.31 million on PEPE after an unsuccessful trade. The whale spent $4.666 million to buy 265.8 billion PEPE in December 2024 and sold 245.8 billion PEPE for $4.314 million during the recent decline. Nevertheless, the whale still bought high and sold low on PEPE, ultimately leading to a 22% loss. Currently, the whale holds only 20 billion PEPE, worth about $350,000. Notably, another monitored whale has been involved in multiple swing trades on PEPE, generating $1.808 million in profit over the past nine trades. However, the whale added 248 billion PEPE in its recent trade and is currently underwater by $603,000. These events demonstrate that despite PEPE's high volatility as a meme coin, its price movement remains unpredictable. Investors should exercise caution, avoid buying high and selling low, and implement 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. This indicates a high risk of market volatility and investors should operate with caution.
Whales dumping PEPE caused the price to drop, reflecting a lack of confidence in PEPE.
PEPE price is volatile, presenting opportunities for swing trading, but the risk is also high.
Whale trading behavior has a significant impact on market prices. Investors need to pay attention to whale movements.