PEPE Whale Sell 150B Tokens, 20% Price Crash Ahead?

🚨 Crypto Whale Sells 150 Billion PEPE, 20% Price Crash Ahead? 🚨

As the bearish market sentiment continues to wreak havoc on the crypto world, one can’t help but feel a sense of déjà vu. The world’s third-largest meme coin, PEPE, has lost its key support and is poised for a massive price drop. It’s a bit like watching a train wreck in slow motion, isn’t it?

Crypto Whale Dumps 150 Billion PEPE

On March 29, 2025, the blockchain-based analytics firm Lookonchain posted on X (formerly Twitter) that an OG PEPE holder—a early investor in the meme coin—has dumped billions of tokens, raising concerns about a significant price decline. One wonders, did they not see the writing on the wall?

The post noted that amid this market decline, a whale sold 150 billion PEPE tokens worth $1.14 million on the Binance cryptocurrency exchange. Ah, the sweet taste of profit, no doubt.

The post further mentioned that, so far, this whale has sold 1.02 trillion PEPE meme coins for $6.66 million, making a total profit of $10.3 million, equivalent to 4,718x. One can only imagine the champagne toasts and celebratory dinners they’ve had.

This OG investor spent only $2,184 to buy 1.5 trillion PEPE tokens during the early stages. However, due to bearish market sentiment and a continuous price decline, the whale has begun selling its massive holdings. One can only assume they’re trying to make the most of a bad situation.

Current Price Momentum

With all this, PEPE is currently trading near $0.0000073 and has registered a price decline of over 5.50% in the past 24 hours. Meanwhile, during the same period, its trading volume dropped by 25%, indicating lower participation from traders and investors compared to the previous day. Ah, the thrill of watching a market in free fall!

PEPE Technical Analysis and Upcoming Level 

According to expert technical analysis, PEPE appears bearish after a massive price decline. The meme coin’s four-hour chart reveals that PEPE has been moving in an ascending channel pattern, but with the recent price drop, it has breached the lower boundary of the channel and closed a daily candle below that level. One can only imagine the analysts scratching their heads, trying to make sense of it all.

Based on recent price action and historical patterns, if the meme coin remains below the $0.0000075 level, there is a strong possibility it could decline by 20% to reach the $0.00000585 level in the future. One can only hope that those who invested in this meme coin have a strong stomach and a good sense of humor.

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2025-03-29 19:23