One of the major whales of the popular memecoin PEPE made a sale of approximately 6.5 million dollars, earning 1.57 million dollars with a 32% profit over three months.

The large investor "qianbaidu.eth", who frequently makes headlines with movements in the cryptocurrency markets, has once again made a noteworthy transaction. The famous whale completed the sale by transferring 595.2 billion PEPE tokens, which it purchased about three months ago, to the Binance exchange. With this massive transaction, the whale's earnings reached 1.57 million dollars, while it was reported that it still holds 104.4 billion PEPE (approximately 1.15 million dollars).

According to information provided by on-chain analysis platforms such as Lookonchain and Spot On Chain, this sale has led to various interpretations in the markets. Some investors interpret this as an indication that the market has reached its peak, while others believe that PEPE's strong position will continue. Looking at technical analysis data, it is stated that PEPE is in the overbought region and that its momentum is slowing down.

The sales made by the giant whale are generally seen as triggers for market volatility. Such high-volume transactions can lead to short-term price fluctuations and indicate moments that investors should watch closely. While some investors think that such large transfers will create selling pressure, it is observed that confidence in PEPE remains high among memecoin investors. $PEPE