A large PEPE whale deposited 150 billion tokens on Binance, potentially executing a stop-loss order as the price falls. This move follows an earlier withdrawal of the same amount, indicating a shift from holding to selling.
A large ' PEPE ' whale has deposited 150 billion PEPE tokens worth $2.72 million into Binance , suggesting a possible stop-loss order to limit losses as the price drops. On November 28th, the same whale withdrew 150 billion PEPE , worth $2.94 million, indicating a holding strategy. Now, with PEPE 's price down 9.55% in the last 24 hours to $0.00001927, the whale's deposit suggests a shift to selling. The whale's loss on PEPE tokens is estimated to be over $219,000.
Analysts say this stop-loss action could mitigate further losses as the asset's value continues to decline. The incident has sparked discussion in the crypto community, with users emphasizing the unpredictable nature of the market and the need for risk management strategies, even for large investors
PEPE Whale Binance Stop-Loss Crypto Market
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