Bitcoin

Memetic / PepeCoin

A cryptocurrency whale, known by the address 0xa54, had made substantial profits trading PEPE tokens on Binance. However, on its second trade on the platform, it faced a significant loss, losing almost $1 million.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/27b347b6672849669f0ddc45ebd67c45.gif" />The Crypto Shop AIRDROP Is Live, Get 3000 EMT Tokens Free &#61; $30 <a href="https://docs.google.com/forms/d/e/1FAIpQLScSiOkKnPEDDIFyYnULvwaQ_AIyb4mboPxqra3hEGbTfPpQvA/viewform" rel="noopener noreferrer nofollow">Join Now</a>Based on SpotOnChain data, the whale deposited the last 3 trillion PEPE tokens to Binance on August 2 and 5. These <a href="https://cryptosheadlines.com/terraform-labs-transfers-millions-worth-of-tokens-one-year-after-terra-luna-crisis/" rel="noopener noreferrer nofollow">tokens were worth $3.5 million</a>, and the average price per token was $0.000001194.The whale made a deposit of tokens on July 23 and 24, with an average <a href="https://cryptosheadlines.com/zimbabwe-sets-price-for-gold-backed-digital-tokens/" rel="noopener noreferrer nofollow">price of $0.000001409 per token</a>.Unfortunately, the <a href="https://cryptosheadlines.com/pepe-pepe-price-goes-up-100-after-okx-listing-announcement/" rel="noopener noreferrer nofollow">price of PEPE</a> has sharply dropped since then, reaching as low as $0.000001142 on August 5. If the whale were to sell all its tokens at the <a href="https://cryptosheadlines.com/a-leading-cryptocurrency-exchange-is-currently-being-investigated-posing-a-potential-challenge-for-the-crypto-market/" rel="noopener noreferrer nofollow">current market</a> price, it would face a massive loss of $988,000.<a href="https://cryptosheadlines.com/pepe-whale-transfers-tokens-to-binance-potential-1m-loss-upon-selling/" rel="noopener noreferrer nofollow"> Read More...</a>

PEPE Whale Transfers Tokens to Binance: Potential $1M Loss Upon Selling

cmcdelete@edb8d1ee4ec9a85c04690131b307c085

Other articles published on Aug 6, 2023

Analyst Predicts DOGE to Outperform BTC Soon

Airdrop Hunter Wallet Targets Top Potential Airdrops

Shiba Inu (SHIB): Time for Cooling Off? The Price Rejected at Strong Resistance, Here Are Next Su...

Biggest Recent Hack: Stolen Funds Returned to Alchemix

Shiba Inu (SHIB): Exploring Drivers of 20% Price Explosion

Cardano (ADA) Outlook: Boosts and Downsides

Join our free newsletter for daily crypto updates!