TechFlow reported on March 2 that, according to on-chain analyst Onchain Lens (@OnchainLens), a whale address sold 531.7 billion PEPE tokens for $4.1 million in DAI within the past hour, incurring a loss of $7.02 million. These PEPE tokens were originally purchased in December 2024 for $11.1 million.
Meanwhile, the same whale has also been selling BEAM tokens, having already sold 88 million for $709,000 in DAI, and still holding 173.6 million BEAM valued at approximately $1.41 million. The initial purchase cost of these BEAM tokens was $9.28 million, resulting in a current loss of about $7.15 million.
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