🔴 $PEPE Faces Pressure, But Whales Aren’t Letting Go

The market threw a punch at PEPE

today with a sharp dip of around 6%, sparking retail traders to rotate out and chase smaller meme plays on Ethereum. At the same time, a wave of fresh Pepe-inspired projects has been stealing headlines, creating noise and draining some of the spotlight from the original frog.

Yet beneath the red candles, the real story is in the wallets. On-chain data shows whales quietly scooping up PEPE while technical charts flash a potential breakout signal if the $0.0000127 level gives way. It’s a classic split screen—panic on the surface, accumulation in the shadows.

The twist is simple: retail may be selling the dip, but deep pockets are betting it’s the wrong move.

✅ Verdict:

Until whales flip their stance and start unloading onto exchanges, the downside looks limited. PEPE still has fuel, and the resistance ahead could decide whether this turns into another sharp meme rally or just background noise.