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A whale withdrew 500 billion PEPE that he had deposited in the exchange a few days ago 11 hours ago. If he had not sold it at that time, he would hav

A whale withdrew 500 billion PEPE that he had deposited in the exchange a few days ago 11 hours ago. If he had not sold it at that time, he would hav

CointimeCointime2024/08/18 04:42
By:Cointime

According to on-chain analyst @ai_9684xtpa, on August 15th, a whale with the wallet address 0x689...B869B deposited 5 billion PEPE tokens into an exchange and withdrew the same amount from the wallet 11 hours ago.

1. If the whale did not sell at the time, the unrealized loss would have expanded to $1.84 million.

2. If the whale had sold at the time and this was the second time building a position, they would have avoided a loss of $310,000 and re-entered the market at an average price of $0.00000743 to start a new round of speculation.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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