Cryptocurrency markets shaken by a new whale movement! The star of the meme coin world, $PEPE , came to the fore today with a huge sale. A whale with the address โ0xD071โฆโ sent back to Binance 531.5 billion #PEPE tokens purchased just a week ago. The most leaky thing is that this transaction involves a loss of approximately 465,000!
๐ Whale Closed Position: Loss Reached $483,000!
On-chain analysis platforms Lookonchain and Spot On Chain examined the movements of the whale in question in detail. According to the data, the whale:
5.06 million PEPE tokens were withdrawn from Binance last week.
Today, he deposited the same tokens back to Binance.
The value of the tokens was approximately $4.59 million at the time of the transaction.
This means that the whale has suffered a loss of approximately $465,000 - $483,000.
The acceptance of this loss after only a 7-day wait has turned the eyes of crypto investors back to "whale movements".
๐ PEPE Price Dropped by 8.4%: Selling Caused Panic!
Immediately after the whale transactions, a sudden drop of 8.4% was observed in the PEPE token. This created panic in many small investors in the market, and once again revealed the effect of whale budgets.
๐ Sudden sales by whales in meme coins usually create a "dump" effect and sharp pullbacks in prices.
๐ค Why Did He Sell? Possible Reasons for the Loss
There are several possibilities behind the whale closing such a big situation with a loss in a short time:
๐ Market structure is weaker than expected
โฑ๏ธ Obtaining liquidity to make a hasty decision
๐กInternal data or prediction that the price will fall further
๐ง โReaccumulationโ strategy with whale performance (first dump, then rebuy at a lower price)
๐จ Warning to PEPE Investors: Volatility May Continue
Such large transfers usually carry two-pronged signals:
Short-term downward pressure and panic selling
Opportunity to buy at a lower price
In coins with high volatility like PEPE, transactions of this size can be carried out permanently harshly in the market. Therefore, it is critical for the range to follow both technical analysis and on-chain data.
๐ Conclusion: Is Whale Selling a Herald of a New Era in PEPE?
The whale, who moved 531.5 billion PEPE tokens to Binance at a loss, sent a clear signal to the market: "Impatient loss sales are always possible." However, over time, many examples of such dumps were followed by low-priced buying waves.
Investors should continue to watch for a new low in PEPE and the beginning of a potential rally after such movements.
