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A Whale Sells Ethereum In Recent Drops, Bought It From This Altcoin!
Is PEPE starting to rise again?
The critical process continues in the crypto money industry. Although there is hope for the market to hold the leading cryptocurrency Bitcoin (BTC) above the $ 30 thousand level, the peak level of $ 31 thousand still has not been exceeded.
In the last hours, the eyes of crypto money investors turned to the leading altcoin Ethereum (ETH).
Ethereum's exits in the last minutes have increased the interest in altcoins.
According to the information provided by Look On-Chain, a successful data provider, an Ethereum whale has sold ETH in the last hours.
The whale, which sold a total of 557 ETH in the last hours to buy the popular meme coin PEPE, managed to buy 622.4 billion units of PEPE (worth $ 1.03 million).
Although crypto traders think that whales are making successful trades, this whale appears to be at a loss as we examine the PEPE trading chart.
The whale, which has lost a total of 178,000 dollars from PEPE trades to date, does not seem to have given up on the popular joke token of recent times.
At the time of writing, PEPE is trading at $0.000001620. PEPE, which has managed to gain close to 5 percent in value despite the harsh movements experienced as of today, is having a successful day.
The decline in the Bitcoin dominance table in the coming days may accelerate the rise in meme coins such as PEPE.
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