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PEPE Whale Books $30 Million Profits, Price Crash Ahead? Coinpedia 16 Sep 2024

PEPE Whale Books $30 Million Profits, Price Crash Ahead? 🐋

PEPE Santiment

PEPE, the third largest meme coin, is facing a potential price crash due to massive profit booking by whales recently.

According to the crypto intelligence firm Santiment, PEPE whales and traders have realized significant profits amounting to over $30 million in the last six days.

This substantial profit-taking has raised bearish on-chain metrics for PEPE, indicating that a price drop may be imminent.

Source: coinpedia.org ↗

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