With the crypto market crash, a whale suffered a huge loss by selling 85 billion PEPE tokens for approximately 1.51 million USDC.
With this transaction, the investor lost a total of $1.74 million.
The whale currently reportedly still owns 180.8 billion PEPE tokens, with a market value of around $3.2 million. However, uncertainty and volatility in market conditions suggest that the whale could face the risk of further losses in the coming days.
This situation once again reveals the volatile nature of the cryptocurrency market and that even big investors can experience serious losses as a result of faulty strategies. Especially high-risk assets such as meme tokens can be more vulnerable to market fluctuations.
Stay tuned