A major PEPE whale has triggered significant market volatility after offloading 150 billion tokens worth $1.14 million on Binance, causing the meme coin’s price to plummet by over 5%. This latest sell-off comes amid broader market uncertainty, as Bitcoin also faces pressure dropping below $82K due to mounting Trump tariff concerns.
Early Investor’s Massive ROI Highlights PEPE’s Volatile Journey
The selling whale, identified as an early PEPE investor, originally purchased 1.5 trillion tokens for just $2,184. At the peak of PEPE’s price surge, this position was worth an astronomical $43 million, representing one of the most profitable meme coin investments of 2025.
After this latest sale of 150 billion tokens, the investor has now cashed out a total of 1.02 trillion PEPE for $6.66 million, while retaining 493 billion tokens currently valued at $3.64 million. The total profit stands at an impressive $10.3 million – a 4,718x return on investment.
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Technical Analysis Points to Further Downside
PEPE’s price has declined to $0.00006976, with technical indicators suggesting more pain ahead:
- MACD showing strong bearish divergence
- RSI at oversold levels of 24.55
- Support level at $0.0000075 under threat
- Potential 20% drop to $0.00000585 if support breaks
Market Impact and Trading Activity
Despite the price decline, trading volume has increased by 3.90% to $421.28 million, indicating active market participation. This surge in volume, coupled with the oversold RSI, suggests potential accumulation at lower levels by smaller investors.
FAQ
Why did the PEPE whale sell their position?
While the exact reason remains unclear, profit-taking after a 4,718x return appears to be the primary motivation, especially given current market uncertainty.
What’s the outlook for PEPE price?
Technical indicators suggest continued downward pressure, with analysts projecting a possible 20% decline if the $0.0000075 support level fails to hold.
How does this affect the broader meme coin market?
The sell-off has contributed to negative sentiment in the meme coin sector, with Dogecoin also experiencing recent price weakness.