According to PANews’ paraphrase of Ai Yi’s monitoring, the hacker was alleged to have sold 7770000000000 tokens PEPE in exchange for 14049 tokens ETH，PEPE decline 12.33%。
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The hacker has sold all of the 7770000000000 tokens PEPE from Binance’s hot wallet and converted them into ETH，PEPE price decline 12.33%
PANews October 30 According to the report, on-chain analyst Ai Yi monitored that the hacker has sold all of the 7770000000000 tokens PEPE from Binance’s hot wallet and converted them into 14049 tokens ETH, causing the PEPE price to fall 12.33%, with the sale amount exceeding 31900000 USD, at an average price of approximately 0.0000041 USD Justin Sun has transferred out since October 17 the 11800000000000 tokens PEPE unrealized profit has narrowed to 4450000 USD(the average withdrawal price was approximately 0.000004114 USD), while the unrealized profit briefly reached 18550000 USD。
PANews reported that on-chain analyst Ai Yi monitored that the hacker had sold all of the 7770000000000 tokens PEPE from Binance’s hot wallet.
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The report said that this batch of PEPE was converted into 14049 tokens ETH, with the sale amount exceeding 31900000 USD, at an average price of approximately 0.0000041 USD。
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The report attributed the PEPE price decline 12.33%to this sell-off.
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The report said that Justin Sun has transferred out since October 17 the 11800000000000 tokens PEPE unrealized profit has narrowed to 4450000 USD, with an average withdrawal price of approximately 0.000004114 USD。
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The report said that Justin Sun’s related PEPE briefly had unrealized profit of 18550000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report said that an entity referred to as a “hacker” sold a large amount of PEPE and converted it into ETH. The concentrated sell-off and the PEPE price decline were reported at the same time, but the provided material consists only of media paraphrasing the on-chain analyst’s monitoring results.
Why it matters to readers
A large, concentrated sale could affect the short-term price and market sentiment of PEPE; how the received 14049 tokens ETH will subsequently be handled is also worth continuing to observe.
Beginners should regard this as a highly volatile event that remains to be verified and should not chase rises or sell in panic based solely on a single monitoring report; they may monitor whether the on-chain transactions are confirmed and whether the relevant assets continue to move.
Risks and unknowns
The provided material does not include the relevant on-chain address, transaction hash, or transaction time, so the quantities and asset ownership cannot be independently verified.
The identity of the “hacker” and the specific relationship with Binance’s hot wallet were not explained.
PEPE decline 12.33%Whether the
14049 tokens ETH will subsequently be transferred, sold, locked, or recovered remains unclear.
“October 17” and “last night” were not given a year or precise time.
Related Developments
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Related concepts
Hot wallet
A wallet kept connected to the internet for convenience, better suited to everyday scenarios such as frequent transactions.
