PEPE Whale's Underflow: A $6.47 Million Wealth Game
The crypto world is never short of stories, but the news of "50.25 billion PEPE deposited into Binance" is enough to make retail investors' hearts race. On May 30, blockchain detective Lookonchain caught a glimpse of this whale—this mysterious player, codenamed 0x3c9E, is actively demonstrating the most thrilling survival rules in the MEME coin space.
This PEPE whale's operations can be described as textbook-level: in just one month, they made a whopping $7.47 million through buying low and selling high. More dramatically, right after depositing $6.47 million chips into Binance, there was still $6.41 million worth of PEPE lying in the account, as if to declare to the market: "My trump card, always kept for a rainy day." This "brick-moving arbitrage" technique perfectly illustrates the iron law of the MEME coin market: "only the bold survive."
When on-chain analysts revealed that "the whale's holdings are only 1.28% left," the market erupted. But seasoned players know, this is just a numbers game—true wealth has long been transferred through over-the-counter transactions. History often repeats itself; during the Dogecoin surge in 2021, those retail investors who chased it at $2 ultimately found not a trip to the moon, but the despair of total loss.
Is this PEPE wealth feast a preview of a new bull market, or a carefully crafted harvesting trap by the whales? As you excitedly hit the buy button in front of your screen, perhaps you should ask yourself: what makes you think you can be the lucky winner in the whale's game?
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