{"id":50106,"date":"2025-04-03T15:17:02","date_gmt":"2025-04-03T15:17:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pepe-tumbles-15-in-a-week-as-whale-cashes-out-427000-profit\/"},"modified":"2025-04-03T15:17:02","modified_gmt":"2025-04-03T15:17:02","slug":"pepe-tumbles-15-in-a-week-as-whale-cashes-out-427000-profit","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pepe-tumbles-15-in-a-week-as-whale-cashes-out-427000-profit\/","title":{"rendered":"PEPE tumbles 15% in a week as whale cashes out $427,000 profit"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<ul>\n<li class=\"\" data-start=\"3793\" data-end=\"3848\">\n<p class=\"\" data-start=\"3795\" data-end=\"3848\">PEPE drops 15% in seven days, trading at $0.0000072.<\/p>\n<\/li>\n<li class=\"\" data-start=\"3793\" data-end=\"3848\">\n<p class=\"\" data-start=\"3795\" data-end=\"3848\">Whale sells 68.76B PEPE for $509,500, realizing $427,000 profit.<\/p>\n<\/li>\n<li data-start=\"3795\" data-end=\"3848\">Analyst forecasts 150% PEPE rally if falling channel breaks.<\/li>\n<\/ul>\n<p class=\"\" data-start=\"161\" data-end=\"785\">A sharp drop in investor confidence and ongoing volatility have caused the meme coin market to shed billions in value.<\/p>\n<p class=\"\" data-start=\"161\" data-end=\"785\">Now standing at $46 billion, the sector has seen declines across its biggest tokens&mdash;Dogecoin, Shiba Inu, and PEPE.<\/p>\n<p class=\"\" data-start=\"161\" data-end=\"785\">Among these, PEPE has drawn particular attention after falling by 15% over the past week to trade at $0.0000072.<\/p>\n<p class=\"\" data-start=\"161\" data-end=\"785\">The frog-themed meme coin is approaching key support levels, triggering renewed interest from analysts and traders alike.<\/p>\n<p class=\"\" data-start=\"161\" data-end=\"785\">Technical signals point to mounting bearish pressure, with investors closely watching price action and whale behavior for clues on what lies ahead.<\/p>\n<h2 class=\"\" data-start=\"787\" data-end=\"853\">PEPE drops 70% from peak<\/h2>\n<p class=\"\" data-start=\"855\" data-end=\"1176\">On the daily chart, PEPE is trapped in a prevailing downtrend, having lost more than 70% from its highs.<\/p>\n<p class=\"\" data-start=\"855\" data-end=\"1176\">The token recently rebounded from $0.0000053 but remains constrained by a long-standing resistance trendline.<\/p>\n<p class=\"\" data-start=\"855\" data-end=\"1176\">A short-term expanding channel has formed, suggesting heightened volatility but no clear direction.<\/p>\n<p class=\"\" data-start=\"1178\" data-end=\"1549\">Despite a brief intraday recovery of nearly 3%, indicators such as MACD and RSI paint a bearish picture.<\/p>\n<p class=\"\" data-start=\"1178\" data-end=\"1549\">The MACD and signal lines are approaching a negative crossover, while the RSI has dipped below the midline, revealing weak momentum.<\/p>\n<p class=\"\" data-start=\"1178\" data-end=\"1549\">The technical setup suggests that PEPE may struggle to hold current levels unless a breakout above the resistance is achieved.<\/p>\n<h2 class=\"\" data-start=\"1551\" data-end=\"1616\">Whale sells $509k in PEPE<\/h2>\n<p class=\"\" data-start=\"1618\" data-end=\"1939\">Adding to the pressure, a significant whale holding PEPE since 2023 has liquidated their position.<\/p>\n<p class=\"\" data-start=\"1618\" data-end=\"1939\"><a href=\"https:\/\/x.com\/OnchainLens\/status\/1907626820645859331?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1907626820645859331%7Ctwgr%5E240acca7f417046771e9af4498391fce38c22b48%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fthecryptobasic.com%2F2025%2F04%2F03%2Fpepe-price-nears-trendline-breakout-to-overturn-q1-downfall-eyes-0-000010%2F\">According to a tweet<\/a> by OnchainLens, the wallet sold 68.76 billion PEPE tokens for 271.33 ETH, valued at $509,500.<\/p>\n<p data-start=\"1618\" data-end=\"1939\"><\/p>\n<p class=\"\" data-start=\"1618\" data-end=\"1939\">The tokens were initially bought for $82,000 on KuCoin, netting the investor a realised profit of $427,000.<\/p>\n<p class=\"\" data-start=\"1941\" data-end=\"2231\">While the return was substantial, the whale could have earned as much as $1.79 million had they sold at PEPE&rsquo;s peak price.<\/p>\n<p class=\"\" data-start=\"1941\" data-end=\"2231\">The timing of the sale indicates declining long-term confidence from early backers, especially as the token has struggled to maintain upward momentum in recent months.<\/p>\n<h2 class=\"\" data-start=\"2233\" data-end=\"2286\">Whale holdings rise 22T in Q1<\/h2>\n<p class=\"\" data-start=\"2288\" data-end=\"2644\">Despite the recent sale, broader whale activity remains positive. Total holdings by PEPE whales increased from 337.75 trillion to 350.16 trillion in the first quarter of 2025.<\/p>\n<p class=\"\" data-start=\"2288\" data-end=\"2644\">The increase of 22 trillion PEPE suggests growing interest from high-volume traders, particularly in the 100 billion to 10 trillion token bracket.<\/p>\n<p class=\"\" data-start=\"2646\" data-end=\"2938\">However, the largest wallets holding 10 trillion to 100 trillion PEPE have reduced their exposure by 7 trillion tokens.<\/p>\n<p class=\"\" data-start=\"2646\" data-end=\"2938\">This divergence in whale behavior highlights the ongoing uncertainty in the meme coin market, with some investors accumulating while others take profit or scale back risk.<\/p>\n<h2 class=\"\" data-start=\"2940\" data-end=\"3014\">Analyst sees 150% rally chance<\/h2>\n<p class=\"\" data-start=\"3016\" data-end=\"3450\">As prices consolidate near local support, some analysts believe a breakout could be on the horizon.<\/p>\n<p class=\"\" data-start=\"3016\" data-end=\"3450\">Crypto market analyst Jonathan Carter recently noted that PEPE is forming a falling channel pattern, which often precedes a bullish reversal.<\/p>\n<p class=\"\" data-start=\"3016\" data-end=\"3450\"><a href=\"https:\/\/x.com\/JohncyCrypto\/status\/1907416213476548620?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1907416213476548620%7Ctwgr%5E240acca7f417046771e9af4498391fce38c22b48%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fthecryptobasic.com%2F2025%2F04%2F03%2Fpepe-price-nears-trendline-breakout-to-overturn-q1-downfall-eyes-0-000010%2F\">According to Carter<\/a>, a break above the 50-day moving average could trigger a rally towards $0.0000093, with a longer-term target of $0.000021&mdash;representing potential gains of up to 150%.<\/p>\n<p class=\"\" data-start=\"3452\" data-end=\"3748\">Still, any such rally would require a shift in sentiment and confirmation through price action.<\/p>\n<p class=\"\" data-start=\"3452\" data-end=\"3748\">For now, traders continue to monitor PEPE&rsquo;s interaction with resistance levels, daily volume trends, and wallet activity to gauge whether the token can reverse its downtrend or face another leg lower.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/pepe-tumbles-15-in-a-week-as-whale-cashes-out-427000-profit\/\">PEPE tumbles 15% in a week as whale cashes out $427,000 profit<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/pepe-tumbles-15-in-a-week-as-whale-cashes-out-427000-profit\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) PEPE drops 15% in seven days, trading at $0.0000072. Whale sells 68.76B PEPE for $509,500, realizing $427,000 profit. Analyst forecasts 150% PEPE rally if falling channel breaks. A sharp drop in investor confidence and ongoing volatility have caused the meme coin [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":50107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50106"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=50106"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/50107"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=50106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=50106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=50106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}