List of Flash News about memecoin selling pressure
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2025-05-31 02:50 |
PEPE Whale Nets $6.86 Million Profit in 1 Month by Liquidating 2 Trillion PEPE Tokens Amid Market Downturn
According to Ai 姨 (@ai_9684xtpa), a crypto whale known for previously profiting $14.26 million from WBTC has fully liquidated their remaining 497.5 billion PEPE tokens, worth $5.81 million, during a recent market downturn. This move resulted in a $1.353 million profit on this tranche, capping off a one-month period where the address accumulated 2 trillion PEPE at an average price of $0.00000895 and realized a total profit of $6.86 million. This decisive exit signals strong profit-taking behavior among major holders, which could increase short-term selling pressure on PEPE and impact memecoin sentiment across the crypto market (source: Ai 姨 @ai_9684xtpa, May 31, 2025). |