PEPE Trader Sells Entire Holdings at Breakeven Price

According to @lookonchain, a trader sold all 114.7 billion PEPE tokens for 366.5 ETH (approximately $1.27 million) at a breakeven price. The trader initially bought the tokens for the same amount in mid-May at $0.000011 per token. Although the price of PEPE surged to $0.000017 on May 27, which would have yielded a $670,000 profit (a 50% increase), the trader did not capitalize on this opportunity.