9x9x9 will convert all SUSHI holdings to PEPE, risking a loss of $30 million or investing in SUSHI.

According to Lookonchain, a monitoring platform, on October 23, OpenDAO core contributor 9x9x9 (@9x9x9eth) converted all of their SUSHI holdings into PEPE. The address sold 2.36 million SUSHI (approximately $1.34 million) at an average price of $0.57 per token, and purchased 18.9 trillion PEPE using 851 ETH (approximately $1.42 million). The address lost approximately $30 million in total SUSHI holdings, including all purchases made on centralized exchanges.