11 months ago
2 mins read
Large Pepe Coin Holders Sell Tokens for Losses
Large holders Pepe meme coin have recently experienced losses as they sold significant amounts of the token. This article examines the on-chain transactions and market trends surrounding Pepe, shedding light on the decrease in token value and the reduced interest in memecoin trading on decentralized exchanges. Pepe Sales Result in Losses: Notably, one Ethereum address identified as 0x4614 sold a staggering 375.8 billion Pepe tokens valued at approximately $439,690, incurring a loss of 76 Ether (equivalent to $142,000). Another Ethereum address, 0x6544, sold 257.9 billion tokens worth $306,000, resulting in a loss of $35,000. These significant sales highlight the losses
