Former Top PEPE Bull Faces Major Loss on ETH Bet
On January 26, according to HyperInsight monitoring, an investor who was once a major PEPE bull placed a leveraged long bet on ETH with 5x leverage, acquiring 6,776.62 ETH at an average price of $3,006.63. The position is now facing a floating loss of $928,000.
Prior to this, the same address was the largest kPEPE holder on Hyperliquid, eventually securing a profit of $963,600 through position closing.