🔥🔥🔥A large whale in $PEPE has realized a loss and dumped the remainder

Address 0x6ea4 has just deposited 600 billion $PEPE (~$6 million) on Binance.

This is the final tranche of the 2.2 trillion tokens that he withdrew from the exchange a month ago (worth ~$27.6 million).

All tokens were deposited back in three phases:

— June 8

— June 13

— June 18

Estimates suggest the whale realized a loss of about $3.5 million.

We continue to monitor the actions of major players in the memecoin segment. Such movements may foreshadow reversals or increased pressure on the market.

🐋 What are the whales saying?