$PEPE The sleeping PEPE whale woke up: 1.45 trillion tokens came into motion
The crypto investor, who held 4.03 trillion PEPE, transferred 1.45 trillion tokens to a new address after a year of complete inactivity. According to analyst @ai_9684xtpa, the funds moved from the address 0x2da... to 0x803....
The main thing about the whale's position:
Entry point: From May 2023 to August 2024, the whale accumulated tokens at an average price of only $0.000001185.
Profit peak: At the peak of the rally at the end of 2024, its unrealized profit (Unrealized PnL) reached $32.777 million.
Current PnL: Due to market correction, unrealized profit on remaining assets decreased to $5.106 million, but the position still remains deeply profitable.
What does this mean for the market?
Transfer to a new wallet is a potential signal to change the strategy:
1. OTC transaction or security: Redistribution of funds between cold wallets or over-the-counter sale.
2. Preparation for sale: If the tokens go to exchanges (CEX) further, it may create temporary pressure on the price (Sell pressure).
The crypto investor, who held 4.03 trillion PEPE, transferred 1.45 trillion tokens to a new address after a year of complete inactivity. According to analyst @ai_9684xtpa, the funds moved from the address 0x2da... to 0x803....
The main thing about the whale's position:
Entry point: From May 2023 to August 2024, the whale accumulated tokens at an average price of only $0.000001185.
Profit peak: At the peak of the rally at the end of 2024, its unrealized profit (Unrealized PnL) reached $32.777 million.
Current PnL: Due to market correction, unrealized profit on remaining assets decreased to $5.106 million, but the position still remains deeply profitable.
What does this mean for the market?
Transfer to a new wallet is a potential signal to change the strategy:
1. OTC transaction or security: Redistribution of funds between cold wallets or over-the-counter sale.
2. Preparation for sale: If the tokens go to exchanges (CEX) further, it may create temporary pressure on the price (Sell pressure).
