Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Asset Management Giant BlackRock held a meeting with SEC to discuss Crypto institution, tokenization and more

2025-05-11

Tether to make non-right wallet template: Details

2025-05-11

Bitcoin Price Watch: Miners show strength, but lungs are in danger – why?

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Tether to make non-right wallet template: Details

    2025-05-11

    Map -Protocol reveals revolutionary interoperability between Bitcoin and Solana networks

    2025-05-11

    DAC -Platform to redefine Web3 experiences in strategic cooperation with Fishcake Labs

    2025-05-11

    Floki Inu enables Web3 users with a new identity platform

    2025-05-11

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-11
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

    2025-05-11

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Whale Unloads 762-B At A Loss
Altcoins

Whale Unloads 762-B At A Loss

2023-09-10No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

PEPE, the meme coin that has garnered a cult following in the cryptocurrency world, made headlines once again as an anonymous whale, rumored to go by the name “Alleged Mattfurie,” executed a huge transaction. 

According to a new PEPE price update,  this enigmatic figure exchanged a staggering 726 billion PEPE tokens for approximately 345.7 Ethereum (ETH). What’s more, the acquired ETH swiftly found its way to the Coinbase exchange, adding intrigue to an already sensational move.

As of the latest data from CoinGecko, PEPE is currently valued at $0.00000078, with a 24-hour slump of 2.8% and a marginal seven-day loss of 0.1%. However, the impact of this whale behavior is sending ripples through the meme coin’s market dynamics.

PEPE’s price saw a brief 3.48% rise on September 7th, but it quickly dropped back to $0.0000007857. This likely indicates that a significant PEPE holder sold their 762 billion tokens at a loss.

PEPE Price Conundrum: Caught In A Triangle

PEPE’s journey in the world of cryptocurrencies has been nothing short of remarkable. It has not only become a symbol of internet culture but also a fascinating experiment in the world of decentralized finance. 

PEPEUSDT trading at $0.00000078 on the weekend chart: TradingView.com

While the PEPE token continues to capture the imagination of traders, its price appears to be tightly ensnared within a converging triangular pattern. A separate report suggests that as long as this pattern remains intact, the coin’s price may persist in moving laterally over the coming days. This predicament leaves traders in a precarious position.

For traders with a bearish outlook on PEPE, the recent whale transaction may present an enticing opportunity. Some are considering the possibility of short-selling the coin, anticipating a potential breakdown. If this bearish sentiment takes hold, the report notes that PEPE’s price could tumble by as much as 10%, potentially retesting the psychological support level at $0.0000007.

See also  Altcoin is up over 20,000% this year and nine others are seeing 'very large whale transfers': Santiment

Insights And Speculation Abound

The sudden influx of PEPE coins into the market has raised several questions about its potential impact. The cryptocurrency market, known for its unpredictability, continues to offer intrigue and speculation, with events like Alleged Mattfurie’s massive PEPE token exchange sparking intense discussions. 

PEPE seven-day price action. Source: Coingecko

While some view it as a simple profit-taking move, others see it as a signal of larger market shifts. The meme coin space, in particular, thrives on such dramatic twists, and PEPE enthusiasts remain divided on the implications of this whale’s actions.

In the world of cryptocurrency, where every move is scrutinized and analyzed, the PEPE whale’s exchange of 726 billion tokens for Ethereum serves as a reminder of the volatility and excitement that come with these digital assets.

As PEPE continues to occupy a unique niche in the crypto landscape, observers and traders alike eagerly await the next chapter in this ever-evolving story.

(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).

Featured image from The Currency Analytics

Source link

762B loss Unloads whale
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Solana’s $ 185 target in sight – this is what traders need to know

2025-05-11

Loss Bitcoin -bears? $ 31 million wiped out in BTC Shorts Liquidation

2025-05-11

What is the next step for Bitcoin, XRP, Ethereum and Solana Price?

2025-05-11

Ethereum breaks the most important price level – Has the ETH rally just started?

2025-05-11
Add A Comment

Comments are closed.

Top Posts

$2.5 million Ferrari is now a Polygon NFT

2023-07-20

Azuki Elementals rock bottom price collapses to 1.65 ETH!

2023-06-28

Ripple’s legal chief identifies misleading statements in comments from the SEC chairman of the Senate committee

2023-09-27
Editors Picks

Yuga Labs CEO Daniel Alegre buys a Bored Ape NFT for $90,000

2023-05-11

Crypto exchanges will have to register for a financial services license under a new Australian proposal

2023-10-17

Why Did Bitcoin Price Rise Today?

2023-06-20

Cardano is closing in on the top 10 chains by NFT trading volume

2024-01-21
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Asset Management Giant BlackRock held a meeting with SEC to discuss Crypto institution, tokenization and more

Tether to make non-right wallet template: Details

Bitcoin Price Watch: Miners show strength, but lungs are in danger – why?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,929.580.63%
  • ethereumEthereum(ETH)$2,483.400.53%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.36-2.79%
  • binancecoinBNB(BNB)$652.16-0.20%
  • solanaSolana(SOL)$171.55-0.40%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.230231-1.23%
  • cardanoCardano(ADA)$0.80-2.83%
  • tronTRON(TRX)$0.2621610.57%
  • suiSui(SUI)$3.96-1.07%
  • chainlinkChainlink(LINK)$16.850.48%
  • avalanche-2Avalanche(AVAX)$24.590.38%
  • stellarStellar(XLM)$0.306345-0.50%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.20%
  • hedera-hashgraphHedera(HBAR)$0.203275-4.77%
  • the-open-networkToncoin(TON)$3.37-0.14%
  • hyperliquidHyperliquid(HYPE)$24.44-2.77%
  • bitcoin-cashBitcoin Cash(BCH)$408.69-3.03%
  • polkadotPolkadot(DOT)$5.090.36%
  • unus-sed-leoUNUS SED LEO(LEO)$8.32-3.50%
  • piPi(PI)$1.0847.23%
  • litecoinLitecoin(LTC)$99.94-3.20%
  • moneroMonero(XMR)$337.304.47%
  • pepePepe(PEPE)$0.0000144.38%
  • bitget-tokenBitget Token(BGB)$4.840.16%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.86-0.05%
  • bittensorBittensor(TAO)$446.90-0.38%
  • nearNEAR Protocol(NEAR)$3.133.34%
  • aptosAptos(APT)$5.912.38%
  • aaveAave(AAVE)$218.70-2.51%
  • okbOKB(OKB)$54.950.55%
  • ondo-financeOndo(ONDO)$1.03-2.13%
  • internet-computerInternet Computer(ICP)$5.672.95%
  • ethereum-classicEthereum Classic(ETC)$19.870.39%
  • kaspaKaspa(KAS)$0.1110443.93%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.63-4.19%
  • render-tokenRender(RENDER)$5.20-0.13%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.257274-1.70%
  • mantleMantle(MNT)$0.802.86%
  • gatechain-tokenGateToken(GT)$21.76-1.92%
  • vechainVeChain(VET)$0.030855-0.43%
  • crypto-com-chainCronos(CRO)$0.097721-3.00%
  • ethenaEthena(ENA)$0.4071634.86%
  • arbitrumArbitrum(ARB)$0.4560058.55%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • filecoinFilecoin(FIL)$3.161.62%
  • cosmosCosmos(ATOM)$5.272.14%
  • bitcoinBitcoin(BTC)$103,929.580.63%
  • ethereumEthereum(ETH)$2,483.400.53%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.36-2.79%
  • binancecoinBNB(BNB)$652.16-0.20%
  • solanaSolana(SOL)$171.55-0.40%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.230231-1.23%
  • cardanoCardano(ADA)$0.80-2.83%
  • tronTRON(TRX)$0.2621610.57%
  • suiSui(SUI)$3.96-1.07%
  • chainlinkChainlink(LINK)$16.850.48%
  • avalanche-2Avalanche(AVAX)$24.590.38%
  • stellarStellar(XLM)$0.306345-0.50%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.20%
  • hedera-hashgraphHedera(HBAR)$0.203275-4.77%
  • the-open-networkToncoin(TON)$3.37-0.14%
  • hyperliquidHyperliquid(HYPE)$24.44-2.77%
  • bitcoin-cashBitcoin Cash(BCH)$408.69-3.03%
  • polkadotPolkadot(DOT)$5.090.36%
  • unus-sed-leoUNUS SED LEO(LEO)$8.32-3.50%
  • piPi(PI)$1.0847.23%
  • litecoinLitecoin(LTC)$99.94-3.20%
  • moneroMonero(XMR)$337.304.47%
  • pepePepe(PEPE)$0.0000144.38%
  • bitget-tokenBitget Token(BGB)$4.840.16%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.86-0.05%
  • bittensorBittensor(TAO)$446.90-0.38%
  • nearNEAR Protocol(NEAR)$3.133.34%
  • aptosAptos(APT)$5.912.38%
  • aaveAave(AAVE)$218.70-2.51%
  • okbOKB(OKB)$54.950.55%
  • ondo-financeOndo(ONDO)$1.03-2.13%
  • internet-computerInternet Computer(ICP)$5.672.95%
  • ethereum-classicEthereum Classic(ETC)$19.870.39%
  • kaspaKaspa(KAS)$0.1110443.93%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.63-4.19%
  • render-tokenRender(RENDER)$5.20-0.13%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.257274-1.70%
  • mantleMantle(MNT)$0.802.86%
  • gatechain-tokenGateToken(GT)$21.76-1.92%
  • vechainVeChain(VET)$0.030855-0.43%
  • crypto-com-chainCronos(CRO)$0.097721-3.00%
  • ethenaEthena(ENA)$0.4071634.86%
  • arbitrumArbitrum(ARB)$0.4560058.55%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • filecoinFilecoin(FIL)$3.161.62%
  • cosmosCosmos(ATOM)$5.272.14%