April 16, 2025

Memecoin Traders Capitulate As Crypto Market Forms Downturn: On-Chain Data

1 min read

Blockchain tracking firm Lookonchain has spotted two sizeable traders capitulating on their memecoin positions as the digital assets market continues to correct. The firm says one trader with a seven-figure position capitulated on his Pepe (PEPE) holdings after holding for just over one month. “This PEPE trader capitulated and sold all 114.7 billion PEPE for The post Memecoin Traders Capitulate As Crypto Market Forms Downturn: On-Chain Data appeared first on The Daily Hodl .

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