PEPE Band Trading Whale with 100% Win Rate Sees Floating Loss Narrow to $14.24 Million

According to on-chain analyst Ai Yi, since establishing the position in June 2024, the whale with a 100% win rate in PEPE band trading has accumulated a holding of 13.1K PEPE with an average cost of $0.00001683. During this period, the price dropped to a low of $0.00000279 (on October 11), resulting in a floating loss of $18.43 million, representing an 83.4% drawdown in per-token asset value. The floating loss has now narrowed to $14.24 million. PEPE needs to rise another 281% for the position to break even.