Attention PEPE Coin! A Giant Whale Sold on Binance at a Loss!
In the popular meme coin PEPE, a large investor transferred 609 billion PEPE (PEPE) tokens worth approximately 6.43 million dollars to the Binance exchange.
While activity in the cryptocurrency market continues, the striking transactions of whales are also ongoing without slowing down. According to information shared by the on-chain data platform Spot On Chain, a giant whale sent a total of 609 billion PEPE (PEPE) tokens to Binance about 20 minutes ago. It was stated that the market value of this transaction was approximately 6.43 million dollars.
The whale had created a large position by purchasing a total of 2.209 trillion PEPE tokens via Binance on May 17-18. However, it was noted that in the last 5 days, the whale transferred approximately 1.609 trillion of these tokens back to Binance, resulting in a total sale of 18.08 million dollars.
The amount the whale currently holds is determined to be approximately 600 billion PEPE tokens. According to Spot On Chain data, the whale's total loss is around 3.2 million dollars. This figure indicates an 11.6% loss when considering the whale's total investment. The continued volatility in the price of PEPE continues to draw the attention of investors to whale movements.
