Amassivecryptocurrencywhalethatallegedlyhasa“100%winrate”hasrecentlyincreaseditspositiononthepopularmeme-inspiredcryptocurrency$PEPEafterafour-monthhiatus,adding101.7billiontokenstotheirwarstashinawithdrawalfromleadingexchangeBinance.
AccordingtodatasharedonthemicrobloggingplatformX(formerlyTwitter)byacryptocurrencyanalyst,thecryptocurrencywhalehasbeensteadilybuildingitspositioninPEPEoverthepastfourmonths,beginningonJune1.
Theirtotalholdingsnowstandat613.8billiontokens,valuedat$8.17million,accumulatedatanaveragecostof$0.0000133132pertoken,whichmeansthewhaleiscurrentlyholdingontoanunrealizedlossof$2.18million.
「PEPE波段胜率100%巨鲸」时隔四个月再次加仓$PEPE！
12小时前他从#Binance提出1017亿枚PEPE，价值101万美金；上一次加仓还在06.20，知道有多少朋友挂念着你吗🥹
至此本轮波段自06.01起已横跨四个月，共建仓6138亿枚PEPE（817万美金），成本$0.0000133132，目前浮亏218万美金https://t.co/yJq39PrOyOpic.twitter.com/ZrgMQZ0aBs
—Ai姨(@ai_9684xtpa)October12,2024
AsCryptoGlobereported,latelastmonthapopularcryptocurrencystrategistknownforaccuratelycallingthecryptocurrencymarketbottomin2018,haspointedtothememe-inspiredcryptocurrencyPEPEas“easymoney”afteritformedanascendingtrianglepattern.
Anascendingtriangle,it’sworthnoting,isatypeofchartpatternthattechnicalanalystsusetopredictpricemovements.Itconsistsofahorizontallinethatconnectsthehighpointsofthepriceandarisinglinethatconnectsthelowpointsoftheprice.Thetwolinesformatriangleshapethatisusedtolookforpricebreakouts,eitherupordown.
Ascendingtrianglesareusuallyseenascontinuationpatterns,meaningthattheyindicatethatthepricewillcontinueinthesamedirectionasthetrendbeforethetrianglewasformed.
It’sworthnotingBluntzisfamousfor,inJune2018,predictingthebearmarketthatwasseeingthepriceofbitcoindropfromathenall-timehighnear$20,000wouldendwiththecointradingat$3,200.Thepredictionwasnearlyaccurate,asBTChitthetargetinDecemberofthatyear.
FeaturedimageviaPixabay.
cryptoglobe.com