A trader liquidated 114.7 billion PEPE coins to protect his principal and missed out on a floating profit of $670,000

BlockBeats reported that on June 15, according to Lookonchain monitoring, a PEPE trader liquidated 114.7 billion PEPE at a break-even price and received 366.5 ETH (US$1.27 million).

He bought 114.7 billion PEPE (US$1.27 million) at a price of US$0.000011 on May 14 and May 15. On May 27, the price of PEPE broke through US$0.000017, and his floating profit was US$670,000 (+50%), but he did not sell it for profit.