Data Shows 96% PEPE Holders Profit After 77% Price Rise




After the memecoin's tremendous increase over the last week, on-chain data reveals over 96% of PEPE Investors have profited.


96.36% Of PEPE Addresses Are Green


In a post on X, cryptocurrency expert Vicakdo noted that most PEPE investors had net unrealized gains.




The “Global In/Out of the Money” indicator from market intelligence company IntoTheBlock shows how many addresses were acquired at whatever coin price range.


On-chain data is used by the analytics business to compute the average deposit price of coins in any wallet to calculate an investor's "cost basis".


Net unrealized losses are held by investors at this price above the spot price. Examples of IntoTheBlock addresses include “out of the money.”


Those with a cost basis below the asset's current value are considered “in the money.” Thus, investors who break even at the present price are “at the money.”


PEPE investors are distributed throughout all three groups, and the figure below compares how investors divide their cost basis at each range.


Only a small number of memecoin investors are losing money | Source: @VictorIwuegbu on X
In the graph, the dot size represents the number of locations with an average purchase price inside the range. All of the huge dots are below the spot price, indicating most investors are profitable.


In particular, 96.36% of PEPE investors are profitable. The 236,320 green addresses outnumber the 10 net-losing addresses.


The remaining cryptocurrency holders are at the money level, thus the price is retesting their average cost basis.


Any investor should retest the cost base since it might change their profit-loss position. Thus, investors may react more to retests.


The asset retesting its price may face opposition from investors who are holding at a loss and want to leave at break-even.


Profit-seeking holders may purchase when the price retests its neutral level, believing it will be lucrative in the future. So, these levels may help.


#PEPE‏ #ETHETFsApproved #altcoins $PEPE