A Pepe Coin whale fired a wave of speculation by selling 262 billion token despite the ongoing rise trend. On-Chain shows that this whale directs its investments to Onddo, another token.
The whale evacuated 262 billion pepes!
According to a sharing on March 3, a Pepe Coin whale sold 261.8 billion dollars worth 261.8 billion dollars, pointing to a worrying loss of $ 7.05 million. In particular, the data indicates that the accumulation is made for $ 9.18 million.
The worrying loss increased investors’ serious concerns about breast coin market volatility. Before today’s pump, Pepe witnessed a blood bath due to macroeconomic developments and liquidity barriers with other tokens. However, crypto prices recovered and Pepe gained approximately 10 %during the day. The decision of the whale to sell during this rise may be to reduce further loss.
Whale Sell Pepe and Beam and took Ondo!
Later, the data showed that Pepe Coin whale sold 531.7 billion beams for $ 4.1 million. This trade maneuver also pointed out a worrying loss of $ 7.01 million. In total, the whale seems to have used the funds obtained with these sales to buy Ondo.
According to the data, this whale thus continued to buy 5.25 million ondo tokens with 6.26 million DAI. Meanwhile, the price of the Ondo increased by about 10 %today and closed for $ 1.12. This rise is primarily compatible with a wider crypto market fluctuation. The price of Bitcoin has reached a price level of $ 95 thousand for a short time in the last 24 hours. Altcoins were also followed by a pumping action that reflects optimism in the midst of wider trends.
How does Pepe price performance?
Despite the major whale sale, the Pepe Coin price increased by 7 %to $ 0.000008309 due to the influence of the crypto market party. The lowest and highest price in the day was 0.000007569 and $ 0.000008932, respectively. In particular, the market analyst ‘Crypto-Zeus’, in the middle of the rising action, “a good time to own Pepe,” he said. This optimism is primarily connected to the green signal that Trump gives to the crypto market, as mentioned above. Crypto market participants continue to watch both tokens for more price movement change.
