Large investors reduce their holdings of PEPE
On-chain analysis shows that the largest holder of PEPE has sold a large number of holdings in the past 30 days.
The selling volume of addresses holding $100,000 to $10 million in tokens has decreased by double digits
This is a major sell-off.
This shows that while small investors may feel more confident now, large investors are hedging their risks.
Although the market is generally bullish at the moment (because the spot Ethereum (ETH) ETF is about to be launched), PEPE’s largest holders don’t seem to think this will last long.
Their selling means that the market is bifurcated, with small investors buying and large investors selling.
Observation: pepe, NOT, people, sol, BNX
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The market is temporarily stable, and we are preparing to ambush a potential coin that is ready to explode.
