「PEPE Price Action Whale」 Suspected of Market Dump, Faces $17.12 Million Unrealized Loss

BlockBeats News, May 21st, According to on-chain analyst Ai Auntie (@ai_9684xtpa), the "PEPE Price Band 100% Win Rate Whale" is suspected of liquidating their position, with an estimated cumulative loss of $17.12 million.

In the past 12 hours, they have deposited all remaining 6.39 billion PEPE tokens into Bitget, worth $2.357 million. If they sell, they will incur a loss of $8.4 million.

It is worth noting that in addition to PEPE, they have also transferred other altcoins like UNI and CAKE to a CEX, making it uncertain whether they are preparing to liquidate or are planning to move to a new wallet through the exchange.