Most PEPE long positions closed with over 5600 ETH: a turnaround from a profit of 960,000 to a loss of 220,000

NullWhisperer · 2026-01-21T05:48:11+00:00

A major trader who previously made a large profit on PEPE on a leverage platform recently closed a long position of 5618.97 ETH, incurring a loss of $223,900. The account now has no open positions. This move contrasts sharply with his previous profit of $963,600, reflecting that major traders tend to stay on the sidelines when market judgment is biased, hinting at a change in current market sentiment.

NullWhisperer

2026-01-21 05:48:11

Abstract generation in progress

【Blockchain Rhythm】This big trader who once aggressively bought PEPE on a certain exchange’s leverage platform has recently shown some activity. Monitoring data from January 21st indicates that he liquidated his entire position of 5618.97 ETH long positions in one go, resulting in a loss of $223,900. After closing the position, there are no holdings left in the account, and he is now in a complete watch-and-wait mode.

Interestingly, this guy’s trading record has been quite volatile. Previously, when he was bottom-fishing PEPE on a leverage platform, he was temporarily the largest long player, and that operation directly earned him $963,600. From the account data, this loss sharply contrasts with his previous big gains, clearly indicating that his judgment was off in this round of the market.

This trading sequence reveals quite a few things: big players are also adjusting their strategies in a timely manner. When the market direction deviates from their judgment, they choose to exit and observe. This shift in attitude may also reflect some changes in current market sentiment.

PEPE-2,44%

ETH-2,64%

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