Pepe Price Analysis!!!
During this market drop, a whale sold 150 billion PEPE tokens for $1.14 million on the Binance exchange.
So far, this whale has sold 1.02 trillion PEPE tokens for $6.66 million, earning a total profit of $10.3 million.
This early investor spent only $2,184 to buy 1.5 trillion PEPE tokens. But because of the bad market mood and falling prices, the whale has started selling its large holdings.
Currently, PEPE is priced at about $0.0000070, dropping over 5.50% in the last 24 hours. In this same time, trading volume fell by 25%, showing less activity from traders compared to the day before. The four-hour chart shows PEPE was moving up in a channel, but with the recent drop, it has gone below the lower limit of that channel and closed a daily candle under that mark.
Looking at recent trends and past patterns, if the meme coin stays below the $0.0000075 mark, it might drop another 20% to reach around $0.00000585 in the future.
Thank you for your time.
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