‘Smart Money’ Traders Reduce Pepecoin PEPE Holdings by $3M as Meme Coin Mania Cools

One example of an early investor appearing to ditch PEPE is pseudonymous crypto trader “vxv.eth.” The wallet has accumulated 1.3 trillion tokens since its initial purchase on April 17, Nansen data shows. Early Thursday, the account transferred its PEPE stash worth $2.1 million to crypto exchanges Gemini and UniSwap, completely exiting its position.

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Pepecoin’s (PEPE) Quick Surge to $1B Market Cap Generated Astonishing Crypto Profits

Since then, the trader has been gradually taking profits by sending smaller amounts multiple times a day to UniSwap, and receiving ether (ETH) in exchange. The wallet has sent $3.8 million of PEPE to UniSwap in the past month, per Arkham data, presumably to take profits, with $2.4 million of that transferred in the past […]

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Bitcoin BTC Price Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Bank Woes

Ether (ETH), the second-largest cryptocurrency by market value, followed a similar pattern, jumping almost 3% over the past 24 hours to change hands at around $1,920. The CoinDesk Market Index (CMI), which measures overall crypto market performance, was up over 6% for the day.

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