The PEPE whale/institution accumulated $22.74 million in May and is suspected to have reduced its position by 45% within 3 hours, potentially incurring losses.

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ODAILY
06-25
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According to the monitoring of on- Odaily analyst @ai_9684xtpa, the whale/institution that accumulated $22.74 million of PEPE during 05.22-05.30 is suspected of selling 45% of its holdings three hours ago. The PEPE position building cost of this address is $0.00001376. Three hours ago, 700 billion tokens were recharged to Binance at a recharge price of $0.00001122. If sold, it will lose $1.77 million; the remaining 800 billion still have a floating loss of $1.92 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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