Analysis of floating losses of PEPE band big players and prediction of future trends! ! ! !
According to on-chain analysts, in the past 4 hours, Wintermute recharged 702.9 billion PEPE (about 6.59 million US dollars) to Bi'an, causing PEPE to fall 3.4% during this period. In addition, "big players with 100% winning rate of PEPE band in the past three months" have not made further moves since adding positions on June 20, but due to the continuous decline in the price of the currency, the 512 billion PEPE positions established since June 1 have a floating loss of 2.41 million US dollars.
Wintermute's operation
Large amount of recharge: Wintermute recharged a large amount of PEPE to Bi'an in a short period of time, probably for reducing positions or arbitrage, which had a certain negative impact on market sentiment and caused the price of the currency to fall.
Floating losses of big investors
Serious floating losses: Although this big investor has a 100% winning rate in swing trading in the past three months, due to the recent continuous decline in the price of the currency, the PEPE he has built has suffered a floating loss of US$2.41 million. This shows the high volatility and risk of the market.
Technical support level: Analyzing the historical price trend and support level of PEPE, if it can stabilize at an important support level, it may attract new buying orders.
Possible rebound: Once the market digests the short-term selling pressure, the price of PEPE may rebound, especially if market sentiment improves.
Summary: At present, the PEPE market is facing short-term pressure due to the large recharge of Wintermute and the floating losses of giant whales, but the future trend is still uncertain.
