There is an interesting on-chain phenomenon worth paying attention to. A top whale has been trading PEPE swings since June 2024, with a success rate of 100%. This whale holds 13,100,000 PEPE tokens, bought at an average price of $0.00001683.



It sounds pretty good, but the story takes a sharp turn. On October 11th, the price plummeted to $0.00000279, and this individual's single-asset holdings experienced an 83.4% retracement, with paper losses reaching as high as $18.43 million. That’s what a test of mental resilience looks like.

However, recent developments have improved the situation. The current unrealized loss is "only" $14.24 million. In other words, PEPE needed a 281% surge for this whale to break even and return to the cost basis. The market is always so cruel yet fascinating — every whale on the chain is telling their own story with real money.
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FOMOSapienvip
· 01-06 13:00
Damn, a floating loss of 18.43 million USD... How strong must one's mentality be to handle that? If it were me, I would have already lost it. --- Talking about a 100% success rate, but still getting smashed through—that's the crypto world for you, no one is invincible. --- A 281% increase is needed to break even? PEPE really is something else. --- Even whales get brutally harvested by the market; no one can escape. --- This is the real story on the chain... cold and icy, yet incredibly real. --- Holding onto a loss of over a million until now—this kind of mental toughness, I really can't learn. --- A 100% success rate can't withstand an 83% drawdown once. What does that tell us? It shows that the crypto market is always random. --- Things look better now, but who knows where PEPE will smash next? --- This guy should pray that PEPE rises another 281%, or else this 14.24 million will just sit there.
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DoomCanistervip
· 01-06 07:34
100% success rate? This whale is really impressive, but he turned around and lost 18.43 million... This is the crypto world, bro. No matter how awesome you are, you have to kneel. Wait, 281% to break even? Never mind, I won't calculate it, it gives me a headache. The bandwagon ace crashed, learned a lesson. Whales can also drown, that's the charm of PEPE... Really? From 100% in June to an 83% retracement, I don't believe you. A floating loss of 14.24 million and it's "only" that, why are you so calm... This is the on-chain story, every whale is betting their real money on tomorrow.
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GetRichLeekvip
· 01-04 06:41
Wow, 100% success rate? How did this whale do it? Share the secret, brother, I want to swing like that... Wait, seeing an 83.4% drawdown just broke my defense. $18.43 million just gone? This is the harsh reality that on-chain data tells us. No matter how awesome the player, they have to kneel before the market maker. A 281% increase to break even? That's laughable. Where do we, the retail investors, get that kind of patience...
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,BossLivip
· 01-03 15:12
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CommunitySlackervip
· 01-03 13:54
100% success rate? Haha, this must be a joke... When it hits $0.00000279, I guess people will be gone instantly. PEPE's performance in this wave is impressive, evaporating $18.43 million... I can only say as long as you're alive, it's good. 281% to break even? This is definitely a gambler's playground. Could it be that this guy is still holding on to the wave?
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NFTArchaeologistvip
· 01-03 13:52
Damn, $18.43 million wasted, how strong must that mentality be? I can't handle it. Even with a 100% success rate for whales, they can't withstand a wave of sell-offs. What does that mean? No one can predict black swan events. PEPE is too crazy, only 281% return to break even? This is no longer investing, it's gambling. Wait, there's still an unrealized loss of $14.24 million? Why haven't you sold off yet? I just can't understand this kind of mentality. Why didn't you bet everything when the success rate was 100%? Now you're probably regretting it, haha. This is the real on-chain story, way more exciting than those gaslighting stories.
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StableGeniusDegenvip
· 01-03 13:51
Wait, is this whale really 100% success rate? I feel like it's a bit unbelievable... PEPE's move is incredible, losing 18.43 million directly but still holding on, I have to kneel. 281% to break even, it's really mind-blowing. This is called a gambler's mentality, even the biggest whale can't withstand the market's turbulence. Playing swings to this extent... I'm truly impressed.
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rekt_but_not_brokevip
· 01-03 13:51
100% win rate can't save it either, this is the ultimate skill of meme coins --- $18.43 million paper loss, I’m breaking... it needs a 281% increase to break even, this probability is even more unlikely than winning the lottery --- Even whales have to kneel, PEPE is truly ruthless --- So the key question is, can this guy still hold on, is it real or fake --- That's how the crypto world is, winners can't escape the fate of being trapped --- I have to say, the on-chain stories are really well told, behind every number is a blood and tears ledger --- Essential tutorial video for mental breakdown, who wants to learn this --- It takes a 281% increase to break even... then we have to wait until the Year of the Monkey or the Horse
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DegenDreamervip
· 01-03 13:35
Whales with a 100% success rate are directly wiped out by 83.4%... This is the real Web3 story, nothing is certain. --- A paper loss of $18.43 million, if it were me, I would have already lost my mind. How strong is this guy's mental resilience? --- Wait, 281% to break even? PEPE really is a gambler's paradise, it's crazy. --- Whales are playing like this, and as retail investors, we can only imagine—it's truly buying lessons with money. --- Every on-chain whale is telling a story, but most stories end in tragedy. This one is still considered lucky. --- From $16.83 million to a loss of $18.43 million and back to a loss of $14.24 million, this wave of market fluctuations has broken everyone. --- Honestly, I kind of envy this mindset. Losing millions and still continuing to operate—our small wallets just can't understand.
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