There are no gods in this world, nor are there invincible generals.
"PEPE Whale with a 100% win rate" is taking a loss and reducing their position, with unrealized losses hitting 78%.
Since establishing their position in PEPE in June 2024, this whale has consistently employed a "buying the dip" strategy to average down their costs. Although there have been times of taking profits on swings, the core position remains heavily underwater. The "100% win rate" label stems from their early precision in short-term trades, which starkly contrasts with the massive unrealized losses from their long-term holdings.
Recently, as PEPE has been stuck in a slump, the whale, after multiple accumulations over the past year, has chosen to deposit $1.96 million worth of PEPE to a CEX, marking their first reduction in two months—a move that carries more symbolic weight than sheer dollar value.
Even after this reduction, if we calculate the remaining position at average cost, the unrealized loss still stands at a whopping 78%. This isn't just a typical profit-taking or stop-loss; it may signal that this whale, once seen as "smart money," is beginning to waver in their long-held conviction. In the liquidity games of MEME coins, actions from such iconic holders often serve as micro-signals of market sentiment entering extreme territories.
On May 20, according to on-chain analyst Ai Yi's monitoring, the "PEPE Whale with a 100% win rate" is suspected of reducing their position.
Five minutes ago, this address deposited 532.3 billion PEPE to Bitget, worth $1.96 million, marking their return to CEX after a two-month hiatus. Since establishing their position in June 2024, this address has accumulated a total of 13.1 trillion PEPE, with an average cost of $0.00001683, and if they sell, they will incur a loss of 78%. Currently, this address still holds 106.8 billion PEPE. $PEPE