430 BILLION COINS JUST SOLD, FURTHER DOWNFALL TREND
PEPE has seen a significant market drop of 14.14% in 24 hours due to a whale selling 430 billion coins, resulting in a profit of $5.82 million. This massive sell-off has raised concerns about the future of PEPE, as it is now down 48% from its peak. The memecoin market is highly volatile, with large sales potentially triggering further declines. The top 10 addresses have reduced their holdings by 16.74%, and the market is experiencing a massive liquidity shift. Retail investors are facing losses, and the futures market has seen a $7.83 billion wipeout of long positions. The future of PEPE remains uncertain, with the potential for further declines if whale support continues to wane.