In a notable milestone for $PEPE, both Robinhood and Coinbase recently added the meme coin to their platforms, prompting a 46% surge in its value to a current price of $0.00001884.
The listing has sparked intense trading activity and a wave of large-scale fund transfers.
Here’s a breakdown of recent substantial on-chain movements:
🔹 Market Maker Wintermute’s Withdrawal: Over the past hour, market maker Wintermute has withdrawn approximately 840.5 billion PEPE, valued at $15.76 million, from exchanges including Binance, KuCoin, Kraken, and OKX.
🔸 “PEPE Band Winning Rate 100% Whale”: Just 15 minutes ago, this high-performing whale moved 122 million PEPE (around $1.65 million) to Binance. If they choose to sell, the transaction could yield a profit of $390,000, with their remaining holdings carrying an unrealized profit of $3.278 million.
Big Pepe Whale Holder Positions To Take Profits
Meanwhile, a prominent whale that initially bought 2.02 trillion PEPE ten months ago at an average price of $0.000001313 has also started positioning for potential sales. This investor transferred 500 billion tokens (valued at $11.17 million) to Coinbase within the past hour. A full sale could lock in profits of $10.52 million.
原来喊了这么久的 Meme 龙头 $PEPE 还没上过韩国和美国头部大所，刻板印象害人了属于是🤣
这下利好叠满，PEPE 聪明钱要开始出货止盈了 —— 十个月前以均价 $0.000001313 建仓 2.02 万亿枚 PEPE 的巨鲸，过去一小时内向 #Coinbase 充值了 5000 亿枚代币（1117 万美金），若卖出将获利 1052 万美金… https://t.co/aAiXYp6VCu pic.twitter.com/RooAi944zQ
— Ai 姨 (@ai_9684xtpa) November 14, 2024
The whale’s remaining PEPE holdings continue to hold an unrealized gain of $35.26 million, reflecting an impressive return rate of 1811%.
With major players now securing profits, the stage is set for further volatility in $PEPE trading. As smart money begins to offload, the market is watching closely for the next potential moves in this rapidly evolving landscape.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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