One PEPE trader recently liquidated his position, selling all of $114.7 billion PEPE for $366.5 ETH ($1.27 million) at the break-even price. He initially bought $114.7 billion of PEPE for $1.27 million at $0.000011 on May 14 and 15.

On May 27, $PEPE rose above $0.000017, at which point his profit reached $670,000 (+50%). However, he chose not to sell at that time. After that, the value of $PEPE declined and fell below the break-even point.

In the end, he decided to sell all his PEPE holdings for dollars