Svmuu reported that according to monitoring by crypto analyst Ai Yi @ai_9684xtpa, a whale address previously known for multiple high-win-rate swing trades of PEPE has deposited all remaining 63.9 billion PEPE tokens into Bitget over the past 12 hours, worth approximately $2.357 million, seemingly completing a full liquidation.
Data shows that the deposit price for this batch of PEPE was approximately $0.000003687, while the acquisition cost was around $0.00001683. If sold, it would result in a loss of approximately $8.4 million. Combined with the portion already transferred to exchanges two months ago, cumulative losses are estimated to have exceeded $17.12 million.
Additionally, the same address has also deposited other altcoins such as UNI and CAKE into exchanges this time. It remains unclear whether the address plans a complete liquidation or is merely switching to a new address.