PEPE Whale’s Round Trip Ends in a $3.5M Loss
The final chapter of a costly round trip has just been written.
About a month ago, whale 0x6ea49ef3b235475297F36B007a43E1FEe8A41FE0 withdrew 2.2 trillion #PEPE —worth $27.64 million—from Binance, possibly eyeing a major swing trade.
But over the past few weeks, that same stash has been deposited back in three batches:
June 8
June 13
June 18 (final 600B $PEPE , ~$6.04M)
After the dust settled, it appears the whale exited the trade with a loss of roughly $3.5 million.
A reminder that even whales don’t always win—and sometimes, the round trip home is more expensive than expected.
