Blockchain analytics firm Spot On Chain recently reported that major cryptocurrency investors holding a substantial amount of PEPE tokens suffered significant losses.
2 hours ago, a whale deposited 519 billion $PEPE tokens on #Binance, valued at approximately $5.11 million, resulting in a loss of about $207,000 (-3.9%).
The whale accumulated these $PEPE tokens before the cryptocurrency reached its peak value in late May. If the investor had sold at the peak, they could have realized a potential profit of $3.47 million.
Further analysis by Spot On Chain indicates that the investor may face additional financial challenges, with unrealized losses amounting to $6.68 million from other cryptocurrencies held, including AAVE and YFI.
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