My goodness. The PEPE that Sun Yuchen was holding was worth only about $267,000 before this wave of buying, and now it’s worth about $51 million. His position has expanded by about 190x. During the week when BTC briefly fell below 80,000 before the interest-rate decision and everyone was looking for somewhere to hide, why did he choose to go heavy on a meme coin? Perhaps Sun Ge is now already the largest individual PEPE holder, and this wasn’t because the coin went up 190x—it was because he personally spent real money to buy in a huge amount all at once.
My personal view: when a whale buys a meme coin, what they’re often buying isn’t just the coin, but also influence. With such a massive position sitting on-chain and being watched by everyone, he himself has become the biggest variable for PEPE going forward. Copying the trade isn’t impossible, but you need to think carefully: you’re following someone whose cost basis is lower than yours, who can exit more calmly than you, and who can affect the market at any time. Would you get on the PEPE train with Sun Ge, or wait for him to sell first?
See the image for today’s other key points
#PEPE #孙宇晨 #币圈晚报 $PEPE
My personal view: when a whale buys a meme coin, what they’re often buying isn’t just the coin, but also influence. With such a massive position sitting on-chain and being watched by everyone, he himself has become the biggest variable for PEPE going forward. Copying the trade isn’t impossible, but you need to think carefully: you’re following someone whose cost basis is lower than yours, who can exit more calmly than you, and who can affect the market at any time. Would you get on the PEPE train with Sun Ge, or wait for him to sell first?
See the image for today’s other key points
#PEPE #孙宇晨 #币圈晚报 $PEPE
