Giant Whale 'Cuts Losses' and Admits Defeat? 150 Billion PEPE Returns to Binance, Losses Reach $219,000!
On December 19, according to on-chain data monitoring, after the market decline, a whale-level player deposited 150 billion PEPE into Binance, worth about $2.72 million. This PEPE was previously withdrawn from Binance on November 28, when its market value was about $2.94 million, resulting in a direct loss of $219,000.
Moreover, on the same day, this large holder also withdrew 60 billion SHIB (about $1.52 million) from Binance, and based on current prices, this portion of assets has also lost $136,000.
From this whale's operations, it is likely a case of 'emotional loss-cutting' or a strategic adjustment for early positioning. However, such a massive loss return has sparked a lot of speculation in the market: Are top players pessimistic about the future market, or are they preparing to reallocate?
Regardless of how the whale swims, for us retail investors, this operation feels more like a warning bell—do not blindly follow the whales! Remember, the scale of funds varies, and the logic of operations is different. Do not be easily swayed by the market's direction; sticking to your own strategy is the hard truth!
