Whale Buys $5 Million of PEPE, Bullish Signal or Market Risk?

Quick Summary:

Amid the bullish outlook, a crypto whale who expert in making money in meme coins has made a big bet on Pepe (PEPE) meme coin.

The transaction tracker also noted that this whale has made profits of $708k and $952k in BRETT and TURBO.

Despite this bullish outlook, on-chain metrics suggest a mixed sentiment among traders.

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Article Details

Author / Journalist: Zameer Attar

Category: Crypto

Markets: United States

Topics: News Crypto news Cryptocurrency Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 16:07:01 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 399 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23449568

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 32 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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