Well, well, well… hold onto your hats, crypto lovers, because today’s report from the blockchain tracker just dropped a bombshell! 🚨 A jaw-dropping 2 trillion PEPE coins were transferred from the mighty Bybit exchange. And let me tell you, it’s as shocking as finding out your grandma’s been secretly trading Dogecoin.
But wait—there’s more! 😱 This move comes after PEPE’s price did a little dance, trying to bounce back from recent dips. Apparently, this big transfer was triggered after a major trader decided to “go long” on PEPE using a 10x leverage. I mean, who needs a safe bet when you can live on the edge, right? 💸
Bybit Loses 2 Trillion PEPE Coins, Sends Them Into the Great Unknown
Whale Alert had a meltdown today, announcing that 2,000,000,000,000 PEPE (worth about $27.8 million, but who’s counting?) made their grand escape from Bybit and disappeared into the mysterious realm of an anonymous blockchain wallet. Who is this mysterious trader? A PEPE fanatic? A crypto wizard? Or maybe… just maybe… your crazy uncle Bob? 🧙♂️
🚨 🚨 2,000,000,000,000 #PEPE ($27,887,373) transferred from #Bybit to unknown wallet
— Whale Alert (@whale_alert) May 27, 2025
And if you think that’s wild, get this—PEPE recently surged by 50%, wiped a zero off its price, and now whales are gobbling it up like they’ve just discovered the world’s largest PEPE buffet. 🍣
Now, don’t get too comfortable. The rollercoaster continued: PEPE hit a local peak on May 21–23, skyrocketing 23% to $0.00001606, but then did what all roller coasters do—plummeted 19% in two days. Talk about a wild ride! 🎢
On Monday, it bounced up 12%, then took a nosedive of 6%. As of now, PEPE is sitting pretty at $0.00001413 per coin. Hooray for small victories! 🏆 It’s basically following the same pattern as Bitcoin… talk about being in good company. 🪙
But here’s the juicy bit! 📈 On May 26, James Wynn decided to take a gamble and went long on PEPE with 10x leverage, sitting on a tidy unrealized profit of $130,000. Then, because risk management is important (duh), he closed out some of his positions and took a $4.4 million loss to avoid getting liquidated. Ouch! 💥
And There’s a New Bitcoin Whale in Town
And in the world of Bitcoin, a new whale made a splash by absorbing a whopping $133.5 million in BTC. 🐋 Whale Alert once again brought the news, reporting that 1,228 BTC were transferred from an anonymous wallet to another mysterious destination. Could this be an over-the-counter purchase? Or is someone just splurging on crypto like it’s Black Friday? 🤔
🚨 🚨 🚨 🚨 🚨 🚨 1,228 #BTC ($133,506,249) transferred from unknown wallet to unknown new wallet
— Whale Alert (@whale_alert) May 27, 2025
At the time of the transfer, the BTC was valued at a cool $133,506,249. Now, that’s a hefty chunk of change. 🍔🍟
And let’s not forget, Bitcoin itself is up by 1.26% today, trading at $109,693 per coin. Just another day in the crypto jungle. 🏞️
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2025-05-27 11:53