Nansen: Giant whales sell at high prices, PEPE's market value ha

Coin World reported that Nansen Research analysts said that the market value of the Meme token PEPE soared to 582 million US dollars on Tuesday, and then fell sharply to 397 million US dollars on Wednesday. The analyst explained that there were a lot of big holders who got in early, and the token price has risen a lot since then, so when they take profits, the price and market cap tend to fluctuate wildly, because people tend to focus on these whales. trend. And Pepe's liquidity is quite thin, a "giant whale" sold $2.2 million of Pepe, but only received $650,000 worth of ETH "due to a lot of slippage", and in the past 24 hours, several other A giant whale also sold for more than $1 million