Pepe (PEPE)

Swing trading is really not so easy: The legendary “100% win rate” PEPE swing trader might finally be out of the game… and the ending is brutal.

Over the past 12 hours, the whale deposited the last remaining 63.9B PEPE into Bitget, worth roughly $2.36M at a transfer price near $0.000003687.

The painful part is the entry. This wallet originally accumulated PEPE around an average cost of $0.00001683, meaning this final batch alone would lock in roughly $8.4M in losses if sold.

And when combined with the massive $PEPE deposits from two months ago, the whale’s estimated cumulative losses now exceed $17.12M.

What’s also interesting is that the wallet didn’t just move PEPE this time , it also transferred other altcoins like $UNI and $CAKE to the exchange. So it’s still unclear whether this is a full capitulation event or simply a reshuffling into a fresh wallet through the exchange.

Either way, one of the most closely watched PEPE whales appears to have completely broken down after the long drawdown.

Address: 0xa145Bd8C9E421D332718A4C416cbE4016b8992Dd

The famous “100% win rate” $PEPE swing trader may finally be throwing in the towel🐸.

Just 5 minutes ago, the whale deposited another 532.3B #PEPE worth roughly $1.96M into Bitget , the first exchange deposit from this wallet in nearly two months. Then only minutes later, the wallet sent another 79.8B PEPE worth about $293K to the same exchange.

With the pace of deposits accelerating, it’s starting to look like a full exit could be underway.

This whale originally began building the #pepe position back in June 2024, eventually accumulating a massive 13.1T PEPE at an average entry around $0.00001683. If this latest batch is sold, the realized loss on that portion alone would be roughly 78%.

At current prices, the estimated total drawdown from the position is now around $6.99M.

Even after the recent deposits, the wallet still holds about 106.8B PEPE on-chain , though maybe not for much longer.

address: 0xa145Bd8C9E421D332718A4C416cbE4016b8992Dd

$PEPE plan for today https://t.co/Ykvobgj7ov