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Whale Trader Who Profited $1.808M on $PEPE Faces a 7.2% Setback

Veronicah Peninah by Veronicah Peninah
January 3, 2025
in Market, News
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Whale Trader Who Profited $1.808M on $PEPE Faces a 7.2% Setback
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  • A whale trader achieved $1.808M in profits across nine $PEPE trading waves, with six successful trades.
  • The ninth trade resulted in a $612K loss after $PEPE fell nearly 10%, highlighting market volatility.
  • $PEPE whale movements reflect the high-risk, high-reward dynamics of speculative crypto trading.

One of the biggest whale investors has been consistently buying and selling the $PEPE token since March of 2024, including nine different trading patterns. These trades in total generated a profit of $1.808 million. Despite the fact that the investor made profits in six out of nine trades, the current trade activity reveals a different picture of the general trend in trading.

Current Transactions: Losses in the Ninth Wave

In the most recent trading wave, the whale sold 190.7 billion $PEPE tokens to Binance for $3.957 million at an average of $0.00002074 $US. But after gaining a position in 360.7 billion tokens in three days on an average of $0.00002353, a reversal of fortune struck the market. 

「2024.03 以来九次 $PEPE 波段获利 180.8 万美金巨鲸」16 小时前开启新一轮波段🐸

他以均价 $0.00002074 从币安提出了 1907 亿枚 PEPE,总价值 395.7 万美金

钱包地址 https://t.co/FXwttlapMi https://t.co/a37EfmheVU pic.twitter.com/PZe7ufbh5n

— Ai 姨 (@ai_9684xtpa) January 3, 2025

Unfortunately for the whale, the token fell in value to around $0.00002184 and was sold resulting in a loss of $ 612,000. This reduced the position by 7.2% as the ninth wave closed in the negative territory.

The Broader Context: Six Wins in Nine Trades

This particular trader engaged in nine waves of trading that were within a whale investor portfolio, and his performance was a combined affair of successes and failures. Even in the most recent round where the investor was defeated, he boasted of an unbeaten string of victories and came out of six rounds of trading with substantial profits. This affirms the inherent risk associated with $PEPE, as a rather low downside, but high risk form of entertainment that offered avenues to make informed trading.

The trading pattern, especially seen when dealing with $PEPE as a token, is speculative in nature and the constant change of its price, exhibit both advantages and drawbacks. Thus, the profit, which is formed through the trades, speaks about the opportunities of correct timing of the entry and exit in conditions of high volatility. 

However, the latest loss emphasized on the volatile trading strategies and forecast inaccuracies. In the long-term, further development of the $PEPE market and whale activity will throw light on the challenges and trends for high-frequency traders. 

Tags: Meme coin News

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