“The legendary trader who once bought 5.9 trillion PEPE for $251 has bought another 45.08 billion PEPE after the Binance hacker’s sell-off”
Here are answers to the questions everyone’s asking most:
Q1: Bullish or bearish?
A: Neutral—treat it as background information.
Q2: Will it affect the price right away?
A: Not necessarily. There’s often a lag between news and price movements, so first check whether open interest is rising or falling.
Q3: What should we watch next?
A: Whether the market has already priced it in.
Q4: Should you adjust your position because of this?
A: I generally don’t change my plan based on a single news item, unless the price action gives a signal. $PEPE is currently at 0.0₅537, up 10.72% over 24 hours. Keep an eye on it.
#PEPE
Here are answers to the questions everyone’s asking most:
Q1: Bullish or bearish?
A: Neutral—treat it as background information.
Q2: Will it affect the price right away?
A: Not necessarily. There’s often a lag between news and price movements, so first check whether open interest is rising or falling.
Q3: What should we watch next?
A: Whether the market has already priced it in.
Q4: Should you adjust your position because of this?
A: I generally don’t change my plan based on a single news item, unless the price action gives a signal. $PEPE is currently at 0.0₅537, up 10.72% over 24 hours. Keep an eye on it.
#PEPE