Pepe (PEPE) Faces Whale Sell-Off—Will Prices Drop Below $0.0000070?

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31 March, 2025, 07:00
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Pepe (PEPE) Faces Heavy Sell-Off as Whale Dumps 150 Billion Tokens

The crypto market downturn is hitting Pepe (PEPE) hard, with whales offloading billions of tokens, signaling strong bearish sentiment.

Whale Sells 150 Billion PEPE – A Sign of More Losses?

According to Lookonchain, a major PEPE whale deposited a massive amount of tokens to an exchange. The whale sold 150 billion PEPE worth $1.14 million—part of a much larger sell-off. Initially, this whale bought 1.5 trillion PEPE for just $2,184 and has now sold 1.02 trillion tokens worth $6.6 million. Other whales followed suit, dumping over 2.95 trillion PEPE in the past 24 hours—though this is lower than the 4 trillion sold previously.

What does this mean?

Large-scale whale selling suggests a lack of confidence in the token.
The ongoing sell pressure may push PEPE’s price even lower.

Price Impact: PEPE Falls Below Key Levels

Current PEPE Price: $0.00000719 24H Change: -6.5% 7D Change: -1.2% 30D Change: -3.87%

A trader with 10x leverage on PEPE has lost over $3.36 million, highlighting how the downtrend is punishing long positions.

Technical Indicators Confirm Bearish Momentum

RSI Bearish Crossover:

PEPE’s Relative Strength Index (RSI) has made a bearish crossover, confirming strong selling pressure.

Pepe (PEPE) Gains 13%, But Whale Sell-Offs and Bearish Indicators Signal Trouble Ahead

Exchange Inflow Rising:

PEPE's netflow turned positive at $1.87 million, meaning more tokens are moving to exchanges—typically a bearish sign.

Will PEPE Drop Further?

Bearish Scenario:

If whales and retail investors continue to sell, PEPE could drop below $0.0000070, possibly testing $0.0000069.

Bullish Reversal Scenario:

If buyers reenter the market, PEPE could recover to $0.0000073 in the short term.

Final Thoughts: Time to Buy or Sell?

Caution is advised as PEPE faces strong sell pressure from whales. If accumulation starts, we might see a rebound—but for now, the trend is bearish.