Massive Crypto Whale Capitulates After Losing $1.7 Million on Memecoins

A cryptocurrency whale has moved a considerable portion of their holdings in the meme-inspired cryptocurrency PEPE to leading cryptocurrency exchange Binance, presumably to sell the tokens at a significant loss of around $1.57 million. According to data shared by on-chain analysis firm SpotOnChain, the cryptocurrency whale identified only by the initials of their wallet, 0x837,

Source: CryptoGlobe