The PEPE whale, who built a position of 22.74 million USD in May, has cleared 1.4 trillion PEPE coins, with a loss of approximately 1.25 million USD

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Bitget2024/06/27 02:24

According to on-chain analyst @ai_9684xtpa, between 05.22 - 05.30, a total of $22.74 million worth of PEPE was liquidated by whales/institutions, amounting to 1.4 trillion PEPE coins valued at $18.01 million.

Half an hour ago, this whale deposited the last 300 billion PEPE from their wallet into CEX, ending a month-long holding of PEPE with an average deposit price of $0.00001286 (costing $0.00001376), expecting a loss of about $1.25 million.

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Data: In the past 24 hours, total liquidations across the network reached $288 millions, with long positions liquidated for $163 millions and short positions for $125 millions.