CandleFocus Panic Sale: Whale Suffers $14.17 Million Loss on PEPE and BEAM
2025-03-03
Author: Content Editor
The article reports that a whale in the cryptocurrency market suffered significant losses after selling PEPE and BEAM tokens at a loss. The whale sold 531.7 billion PEPE tokens for $4.1 million DAI, resulting in a loss of $7.02 million. Additionally, the whale sold 88 million BEAM tokens for $709,000 DAI, losing a further $7.15 million. The total loss from both token sales amounts to $14.17 million. The article highlights the importance of risk management, diversification, and being prepared for price volatility in the cryptocurrency market. It also suggests that investors should take profits when in a better position to avoid potential losses caused by greed.
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