PEPE Holder Sells $822,000 in Tokens After Five-Month Loss

Lookonchain data shows a wallet dumped 129.15 billion PEPE for $822,000, realizing a $511,000 loss after holding the tokens for more than five months.

PEPE

Summary

Blockchain analytics firm Lookonchain reported that a wallet sold 129.15 billion PEPE tokens for $822,000 after holding them for over five months, resulting in a $511,000 loss from the original purchase value. The transaction underscores the volatility of meme-based cryptocurrencies like PEPE.

Terms & Concepts
  • PEPE: A meme-based cryptocurrency token inspired by the internet character Pepe the Frog.
  • Blockchain analytics: The process of examining blockchain transaction data to track asset movements and wallet activities.