Pepe

Shiba Inu

Pepe (SOLANA)

<p>A recent tweet by <a href="https://x.com/lookonchain/status/1795740589939712135" target="_blank" rel="noopener noreferrer nofollow">Lookonchain</a>&nbsp;has revealed that an individual withdrew 67 billion <a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow">Pepe</a> (PEPE) tokens, worth approximately $1.02 million, from the OKX exchange just few hours ago. Interestingly, this particular investor had previously suffered a substantial loss of $2.55 million, or 85.5%, in <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu</a> (SHIB).</p>
<h2 class="wp-block-heading" id="previous-loss-in-shiba-inu">Previous Loss in Shiba Inu</h2>
<p>During the previous bull market, the investor purchased 40.9 billion SHIB tokens at high price points, amounting to a total investment of $2.98 million.</p>
<p>However, when the bear market arrived, the investor sold all of their <a class="wpil_keyword_link" href="https://captainaltcoin.com/shiba-inu-price-prediction/" title="SHIB" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">SHIB</a> holdings at a major loss. This raises the question of whether the investor can make a profitable trade with their recent Pepe investment.</p>
<h2 class="wp-block-heading" id="pepe-price-falls-nearly-20-from-peak">Pepe Price Falls Nearly 20% from Peak</h2>
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   <p lang="en" dir="ltr">The price of <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a> has fallen nearly 20% from its peak.<br><br>In the past 10 minutes, a whale deposited all 660.7B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a>($9.52M) bought a month ago into <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a>, making ~$4.95M, with an ROI of 52%.<a href="https://t.co/XTaeBlTNML" target="_blank" rel="noopener noreferrer nofollow">https://t.co/XTaeBlTNML</a><a href="https://t.co/57yCOHJvpe" target="_blank" rel="noopener noreferrer nofollow">https://t.co/57yCOHJvpe</a> <a href="https://t.co/F6IV3qhrlq" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/F6IV3qhrlq</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1796084144155271414?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 30, 2024</a>
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<p>In another tweet, <a href="https://x.com/lookonchain/status/1796084144155271414" target="_blank" rel="noopener noreferrer nofollow">Lookonchain</a> reported that the price of Pepe has fallen nearly 20% from its peak. This price drop coincides with a whale depositing all 660.7 billion PEPE tokens, worth $9.52 million, into Binance.</p>
<p>The whale had purchased these tokens a month ago and has managed to make a profit of approximately $4.95 million, representing a return on investment (ROI) of 52%.</p>
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<p><strong><em>Read more: <a href="https://captainaltcoin.com/bitcoin-analysts-agree-btc-price-could-fall-as-bearish-price-actions-emerge-here-are-their-outlooks/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Analysts Agree BTC Price Could Fall as Bearish Price Actions Emerge: Here Are Their Outlooks</a></em></strong></p>
<p>The investor’s previous loss in Shiba Inu and the recent price fluctuations in Pepe highlight the inherent volatility of <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins. These tokens often experience rapid price appreciation followed by sharp declines, making them a high-risk, high-reward investment.&nbsp;&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/crypto-whale-withdraws-67b-pepe-meme-coins-from-major-exchange-after-2-55m-loss-in-shiba-inu-shib/" rel="noopener noreferrer nofollow">Crypto Whale Withdraws 67B PEPE Meme Coins from Major Exchange After $2.55M Loss in Shiba Inu (SHIB)</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Whale Withdraws 67B PEPE Meme Coins from Major Exchange After $2.55M Loss in Shiba Inu (SHIB)

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