Data: PEPE band trading whale suspected to have cleared out remaining 63.9 billion PEPE, with cumulative losses possibly exceeding 17.12 million USD
According to crypto analyst Ai Yi @ai_9684xtpa, a whale address that has attracted attention for multiple high-win-rate swing trades of PEPE has transferred all of its remaining 63.9 billion PEPE to Bitget in the past 12 hours, valued at approximately $2.357 million, suspected to have completed liquidation.
Data shows that the recharge price for this portion of PEPE was about $0.000003687, with an entry cost of about $0.00001683. If sold, it would incur a loss of approximately $8.4 million. Combined with the portion of the position that was transferred to exchanges two months ago, the total estimated loss has exceeded $17.12 million. Additionally, this address has also recharged other altcoins such as UNI and CAKE to the exchange, and it is currently uncertain whether it plans to fully liquidate or is simply changing addresses.
-- Price
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