After nearly two months of silence, the wallet transferred another 532.3B PEPE worth around $1.96M to Bitget, then followed it minutes later with an extra 79.8B PEPE worth roughly $293K 🚨

That’s not normal wallet activity. That’s the kind of movement that changes market sentiment fast.

Back in 2024, this whale became legendary after accumulating nearly 13.1T PEPE with an average entry around $0.00001683 📈 Every dip recovered. Every trade looked perfect. Many traders even started treating the wallet like a market signal.

But meme cycles can turn brutal very quickly.

If these exchange inflows are fully sold, the realized loss on this portion alone could approach 78% 😶 Meanwhile, unrealized losses across the wider position are reportedly nearing $7M.

The whale still holds around 106.8B PEPE on-chain, which means traders are now watching exchange inflows, liquidity, and order books like hawks 🔥

One thing crypto keeps proving over and over:
Hype builds slowly…
Panic spreads instantly.

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