PEPE whale cashes out $3.14 million, is the market about to change?
According to monitoring, a whale holding PEPE for over 2 months transferred 23.444 billion PEPE to Binance at a high price, cashing out $3.14 million, with a net profit of $1.35 million.
Currently, this whale still holds about 437 million PEPE, valued at $58,000.
This transaction occurred during the recent high volatility phase of PEPE, possibly signaling that the market is entering a transition period. The short-term sentiment for PEPE remains strong, but the frequent actions of the whale raise the question: does this mean the main players are starting to 'pass the baton'?
Be cautious of potential severe fluctuations ahead, and consider reducing positions at high points to ensure safety.
