Meme Coin Whale Makes a Heavy Sale That Dropped The Price, Insider Trading Allegations Are Out!

Minutes after the launch of the popular meme coin Pepe (PEPE), the investor who bought it was allegedly “insider trading” as he sold some of his assets.

On-chain analytics platform Lookonchain 15 June Posted on his official social media account on in the shipmentwhich corresponds to 514 Ethereum (ETH) of one of the first PEPE investors 848 thousand worth a dollar 972.8 billion reported that he sold PEPE units.

Lookonchain is the cryptocurrency platform of the relevant user in April. from FixedFloat 0.58 ETH that you got $58 after its public offering 10 minutes in 2.27 trillion PEPE reportedly purchased it.

User’s selling price 0.0000008718 dollars while the analytics platform is registered as that you can be an insider an interesting thing about in the accusation found.

The investor’s portfolio was 1.4 percent in dollar terms during the process. million while appraising 848 thousand with the dollar sale. in PEPE 2% depreciation happened.

According to Coinecko data, the latest 30 days in %49 depreciating PEPE, end 24 hours in 8.5% declining as of writing $0.000000851 traded at the dollar level.


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