PEPE whale's unrealized loss narrows to $14.24 million, requiring a further 281% increase to break even

A whale building a PEPE position in June 2024 is experiencing a “desperate counterattack.” This whale fell into a deep abyss last October, with unrealized losses reaching $18.43 million. Now, through PEPE’s strong rebound, unrealized losses have been reduced to $14.24 million. But to fully recover, PEPE still needs to rise another 281%. Behind this story reflects the dramatic turning point in the entire meme coin market.

The Whale’s Losses and Recovery

From Position Opening to Abyss

This PEPE whale’s story began in June 2024. At that time, it built a position at an average cost of $0.00001683, holding a total of 13,100 PEPE tokens. From today’s perspective, this price isn’t particularly low, but for a meme coin, the timing of entry often determines the subsequent fate.

The most brutal moment occurred on October 11, 2024. PEPE dropped to $0.00000279, and the whale’s account showed an unrealized loss of $18.43 million, with a single-coin asset retracement of 83.4%. This means the account value shrank to less than 20% of the initial investment. At that moment, the whale’s confidence may have been completely shattered.

The Turning Point of Unrealized Losses Narrowing

But the story didn’t end in tragedy. From that lowest point to now, PEPE has rebounded significantly. According to the latest data, the whale’s unrealized losses have been reduced to $14.24 million. Although still in deep loss, the $4.19 million improvement indicates a clear shift in market sentiment.

Why Is PEPE Suddenly Strong

Overall Recovery of the Meme Coin Market

PEPE’s rebound isn’t isolated. According to recent reports, the meme coin market’s total market cap has increased by over $3 billion in the past 24 hours, with tokens like PEPE and BONK rising by double digits. This indicates the entire meme coin sector is experiencing a collective revival.

Looking at PEPE’s own performance:

• 24-hour increase: 13.79%
• 7-day increase: 48.12%
• 30-day increase: 24.08%
• 24-hour trading volume approaching $170 million

This sustained upward trend and trading activity reflect a significant improvement in market sentiment. Meme coins are rapidly recovering from the sell-off wave at the end of 2025, and PEPE, as the most well-known meme coin, is benefiting the most from this rebound.

How Far Is the Recovery

The Reality Gap

Here’s a stark number: PEPE needs to rise another 281 for the whale to break even.

What does this mean? If PEPE’s current price is about $0.000006, then the breakeven price needs to reach approximately $0.000022. That’s a steep upward trajectory. Comparing from the lowest point of $0.00000279 to the current $0.000006, the increase is about 115%. To reach the breakeven point, another similar rally is required.

But it’s not entirely impossible. According to CoinCodex’s forecast, PEPE could rise by 114.88% to $0.08844 by the end of 2026. If this prediction holds, PEPE could not only recover but also generate substantial profits.

Time Factor

The key is time. This whale has been holding this position for over half a year. From June 2024 to now, it has experienced extreme volatility and psychological tests. In this situation, whether it can hold on until breakeven depends on mindset rather than just technical analysis.

The Two Sides of Market Outlook

Optimistic Signals

• Overall meme coin market is warming up, market sentiment is clearly improving
• PEPE, as a top meme coin, has the strongest community consensus and cultural foundation
• 24-hour trading volume remains high, liquidity is sufficient
• Analytical institutions are relatively optimistic about PEPE’s future trend

Points to Watch Out For

Meme coins are inherently high-volatility assets. PEPE has already risen significantly from its lows, and in the short term, it may face profit-taking pressure. Also, reaching a 281% increase to break even requires sustained market enthusiasm to support this target.

Summary

The story of this PEPE whale encapsulates the typical features of the meme coin market: extreme volatility, high risk, but also the potential for outsized returns. From $18.43 million unrealized loss to $14.24 million, a $4.19 million improvement is notable, but there’s still a long way to go to recover.

The critical point to watch is whether PEPE can continue upward under the support of overall market enthusiasm. If this meme coin revival persists, the whale might be approaching a relatively perfect recovery moment. But if market sentiment cools again, the story may continue to unfold. For holders, every rise and fall could influence the final outcome.