The post Whales Withdraw and Redistribute $8.98 Million in PEPE as ETH Band Achieves 85% Winning Rate appeared on BitcoinEthereumNews.com.

According to recent data from on-chain analyst @ai_9684xtpa, significant activity was observed in the Ethereum (ETH) ecosystem on December 15. Whales have notably withdrawn an impressive 375 billion PEPE tokens from the market, translating to approximately 8.98 million US dollars. The average price during these withdrawals was about 0.00002395 US dollars per token. This sharp withdrawal showcases a strong band of ETH whales, boasting a winning rate of 85%, indicative of strategic market maneuvers. Following this, the same entities redistributed the withdrawn tokens among three different addresses. Additionally, they acquired 152,000 US dollars worth of PEPE from the blockchain, culminating in a total holding of 788.2 billion PEPE tokens, valued at around 9.13 million US dollars with an average purchase price of 0.00002394 US dollars. This strategic redistribution could impact market dynamics significantly. Source: https://en.coinotag.com/breakingnews/whales-withdraw-and-redistribute-8-98-million-in-pepe-as-eth-band-achieves-85-winning-rate/

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Filed under: News - @ December 15, 2024 5:33 am