According to Odaily, on-chain analyst @ai_9684xtpa has reported that a whale, identified by the address 0x689...B869B, transferred 500 billion PEPE tokens back to their wallet 11 hours ago. This same whale had previously deposited the same amount of PEPE tokens into an exchange on August 15.
If the whale did not sell the tokens during the initial deposit, they would have incurred an unrealized loss of $1.84 million. However, if the whale sold the tokens and this recent transfer represents a new position, they would have avoided a loss of $310,000 and re-entered the market at an average price of $0.00000743 per token.
