Pepe whale moves significant amount of coins to Binance

06/26/2024

4,6

★

Blockchain analysis tool Lookonchain reports that a significant PEPE investor offloaded an enormous 700 billion tokens, valued at $7.8 million, into the Binance exchange just earlier today.

Following a sizable $3.5 million loss, this investor's PEPE holdings are now worth approximately $9.23 million.

As of the latest update, the PEPE digital currency has seen a 10% increase in the last day, trading at $0.00001197, despite a 21% decrease over the previous month.

Amid Bitcoin's current price surge, the meme coin market is witnessing a rebound, highlighted by significant performances from dogwifhat (WIF) and Bonk (BONK), both of which are registering nearly 20% in daily uplifts.

In a recent twist, a WIF investor, who suffered a severe $4.6 million loss, decided to repurchase the token at a premium, as detailed by Lookonchain.

Currently, WIF has depreciated by 61% from its all-time high of $4.83, reached on March 31, positioning it as one of the meme coin sector’s underperformers. In contrast, PEPE has declined 32% from its high on March 27.

Subscribe to Cryptonica.News
on social networks

The materials found on the Cryptonica website shall not be taken as individual investment recommendations. The financial instruments or operations mentioned therein may not align with your investment profile or objectives. We assume no responsibility for any missing facts or inaccurate information in the texts. Cryptocurrencies are financial assets with high risk and volatility. Therefore, it is crucial that you conduct your own research on financial instruments and make independent decisions. Before engaging in any actions related to cryptocurrency, you shall study, understand, and comply with the laws applicable in your region and country.

Binance