A Crypto Trader Sells PEPE for Ethereum (ETH)!

Cryptocurrency investors continue to go through difficult times. The leading cryptocurrency Bitcoin (BTC) and altcoins, which are falling more sharply every day, have caused many crypto traders to move away from the crypto market.

Recently, successful data provider Look On-Chain discovered a crypto trader selling PEPE and shared the following information via his X/Twitter account:

“A PEPE trader capitulated and sold all 114.7 billion #PEPE for 366.5 ETH ($1.27 million worth).

This whale purchased 114.7 billion PEPE ($1.27 million) on May 14 and May 15 with an average of $0.000011.

The price of PEPE exceeded $0.000017 on May 27, at which time the whale made a profit of $670k (+50%) but did not sell for profit.

Then PEPE started to decline further and recently fell below its average. Finally, this merchant also surrendered and sold all his PEPEs.”

It looks like major crypto traders' continued selling of #PEPE could trigger sudden declines in the popular memecoin.
$BTC $ETH $PEPE