Gathering PEPE Tokens Amid Market Volatility
According to BlockBeats’ on-chain discovery, a new cryptocurrency address, 0x122...002bA, has been actively collecting PEPE tokens. The address initially acquired PEPE tokens yesterday and is said to have increased its holdings early this morning.
In the past ten hours, the address withdrew 107.8 billion PEPE tokens from a centralized exchange (CEX), estimated to be worth about $1.21 million. Currently, the address holds a total of 218.6 billion PEPE tokens. Based on the withdrawal price, the average cost per token is estimated at $0.00001173.
Despite the accumulation, the address is experiencing an unrealized loss of $140,000, reflecting the volatile nature of the cryptocurrency market.