Criptomercado
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Whale Deposits 150 Billion $PEPE Tokens on Binance: A Sign of Caution in the Market
Recently, a large whale in the market deposited 150 billion PEPE tokens, worth $2.72 million, on Binance. This movement suggests that the trader may be preparing for a stop-loss order, with the intention of limiting losses if the asset's price continues to fall.
It is interesting to note that, on November 28, this same whale had withdrawn the 150 billion PEPE from the exchange, when the amount was worth $2.94 million, indicating a retention strategy. However, with the recent drop in the price of PEPE, now quoted at $0.00001927 — a drop of 9.55% in the last 24 hours — it seems that the whale may have changed strategy, opting to sell the tokens to minimize losses.
The whale is currently facing a loss of over $219,000 at the current value of PEPE. Experts believe that given the steep drop, using a stop-loss strategy could be a sensible way to mitigate losses as the token’s value continues to decline.
#PEPE #CriptoMercado #StopLoss #Binance
Recently, a large whale in the market deposited 150 billion PEPE tokens, worth $2.72 million, on Binance. This movement suggests that the trader may be preparing for a stop-loss order, with the intention of limiting losses if the asset's price continues to fall.
It is interesting to note that, on November 28, this same whale had withdrawn the 150 billion PEPE from the exchange, when the amount was worth $2.94 million, indicating a retention strategy. However, with the recent drop in the price of PEPE, now quoted at $0.00001927 — a drop of 9.55% in the last 24 hours — it seems that the whale may have changed strategy, opting to sell the tokens to minimize losses.
The whale is currently facing a loss of over $219,000 at the current value of PEPE. Experts believe that given the steep drop, using a stop-loss strategy could be a sensible way to mitigate losses as the token’s value continues to decline.
#PEPE #CriptoMercado #StopLoss #Binance
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Pepe Unchained (PEPE): An Opportunity for Exponential Growth?
In recent years, the cryptocurrency market has been surprising with the rise of coins that, initially seen as simple experimental projects, have ended up gaining significant space in the sector. A recent and promising example is Pepe Unchained ($PEPE ). Are we facing yet another case of exponential appreciation in the digital assets market?
What is Pepe Unchained (PEPE)?
Pepe Unchained is a Layer 2 blockchain designed to offer transactions up to 100 times faster than Ethereum, with extremely low fees. Its appeal goes beyond technology: the coin is strongly supported by a vibrant community of memecoin enthusiasts.
What is Pepe Unchained (PEPE)?
Pepe Unchained is a Layer 2 blockchain designed to offer transactions up to 100 times faster than Ethereum, with extremely low fees. Its appeal goes beyond technology: the coin is strongly supported by a vibrant community of memecoin enthusiasts.
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Market Manipulation
Recently we saw the
reaching the impressive mark of USD 100,000, generating a true wave of euphoria in the market. This feeling of excitement is something that always fascinates me, especially when I see how it influences the decisions of small investors. It is incredible how the fear of missing out on an opportunity (the famous FOMO) can lead many to make hasty decisions, without really considering the fundamentals of the asset.
What many people don’t realize is that while small investors are ruled by their emotions, cryptocurrency whales – those big investors with vast amounts of Bitcoin – are watching every move. They have the ability to manipulate market sentiment to their own advantage. How? Well, by creating spikes of euphoria or panic, they are able to buy cheaper from those who get carried away by the emotion of the moment.
reaching the impressive mark of USD 100,000, generating a true wave of euphoria in the market. This feeling of excitement is something that always fascinates me, especially when I see how it influences the decisions of small investors. It is incredible how the fear of missing out on an opportunity (the famous FOMO) can lead many to make hasty decisions, without really considering the fundamentals of the asset.
What many people don’t realize is that while small investors are ruled by their emotions, cryptocurrency whales – those big investors with vast amounts of Bitcoin – are watching every move. They have the ability to manipulate market sentiment to their own advantage. How? Well, by creating spikes of euphoria or panic, they are able to buy cheaper from those who get carried away by the emotion of the moment.