PEPE: Whale Sends 639B Tokens to Bitget
PEPE whale deposits 639 billion tokens worth $2.357M to Bitget at $0.000003687, facing $17.12M cumulative loss from $0.00001683 cost basis.
SourceAnalysis
PEPE whale with prior 100% swing win rate has deposited the remaining 639 billion tokens into Bitget, valued at $2.357 million at $0.000003687, signaling potential full exit after building position since mid-2024.
Original cost basis sits near $0.00001683, locking in roughly $840,000 loss on this tranche alone and pushing total realized and unrealized losses above $17.12 million when including earlier transfers; the address simultaneously moved UNI and CAKE holdings, leaving open whether this marks complete liquidation or address rotation.
Technical confluence on the 4h chart shows price inside Bollinger Bands with upper resistance at $0.0 while EMA50 and EMA200 both sit at $0.0 acting as long-term support; RSI at 51.75 remains neutral and MACD registers a bullish golden cross at -0.0, suggesting any bounce from current levels would likely stall at the upper band before testing the 50-EMA floor.
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