A whale known for trading PEPE tokens recently ended the ninth wave of their trading strategy with a significant loss of $612,000. Over the past three days, the whale accumulated 360.7 billion PEPE tokens (valued at approximately $8.49 million) at an average price of $0.00002353. However, after PEPE’s market price dropped nearly 10% today, they sold all their holdings at $0.00002184, incurring a loss of 7.2%. https://twitter.com/ai_9684xtpa/status/1869369048099868760 This marks the latest chapter in a high-stakes trading saga that began in March 2024. Over the course of nine waves, the whale has managed to achieve six profitable trades, generating an overall
The post Whale Loses $612K In Ninth PEPE Trading Cycle Despite $2.42M Gains In Earlier Waves appeared first on The Merkle News.
