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「PEPE Price Action Whale」 Suspected of Market Dump, Faces $17.12 Million Unrealized Loss

2026.05.21 10:02:53

May 21st – On-chain analyst Ai Auntie (@ai_9684xtpa) reports that the "PEPE Price Band 100% Win Rate Whale" appears to be liquidating their position, with an estimated cumulative loss of $17.12 million. Over the past 12 hours, the whale has deposited all their remaining 6.39 billion PEPE tokens into Bitget, valued at $2.357 million—selling these tokens would lead to an $8.4 million loss. It’s also worth noting that this party has transferred other altcoins like UNI and CAKE to a centralized exchange (CEX), so it remains unclear whether they’re preparing to liquidate their holdings or moving funds to a new wallet via the exchange.
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