PEPE Plunges 29% as ETH Whale Misses Out on $3.5M Gains

Ethereum crypto player suffers $3.5M in unrealized profit due to wrong timing. PEPE Coin is midway to fully retracing the all-time peak in late May 2024. Monday’s crypto breakdown hits PEPE, but a rebound has not yet been crossed out. A major Ethereum (ETH) player has set an example of how playing with meme coins can turn a potentially huge profit into a tremendous deficit. Spotted by the cryptocurrency whale tracker SpotOnChain, one individual deposited 519B Pepe Coins (PEPE). Massive PEPE Coin Sell-Off Goes Wrong These digital assets, worth $5.11 million at stamped transaction time, were deposited to Binance

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