A whale deposited 500 billion PEPE into CEX and lost $450,000

In Brief:

A whale deposited 500 billion PEPE, valued at $3.85 million, into Binance.

After holding PEPE for 40 days, the whale incurred a loss of $450,000.

A whale recently transferred a staggering 500 billion PEPE tokens, worth $3.85 million, to Binance. However, after holding onto the tokens for 40 days, the whale experienced a significant loss of $450,000. The transaction has caught attention due to the massive amount of PEPE involved and the considerable decline in value during this short period. It serves as a reminder of the volatility and risks in cryptocurrency trading, even for those with large holdings.

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