A whale sold 110 billion PEPE on the chain for 1.916 million USDC, and currently holds 20 billion PEPE

PANews reported on January 11 that according to on-chain analyst Ember Monitoring, a whale sold 110 billion PEPE on the chain for 1.916 million USDC 30 minutes ago. He bought high and sold low on PEPE and lost $1.31 million (-22% ). He spent 4.666 million USDC in December 2024 to purchase 265.8 billion PEPE. Then, since the current decline, 245.8 billion PEPE were sold and exchanged for 4.314 million USDC. Now he only holds 20 billion PEPE ($350,000), and he lost $1.31 million (-22%) by buying high and selling low in PEPE.