Do you know why pepe has been decrease 1400% to 680% . here is a reason..

The significant decrease in PEPE coin's annual percentage—from 1400% to 680%—can be attributed to several key factors:

Whale Activity: Large holders, or "whales," have been moving substantial amounts of PEPE tokens into exchanges. For instance, a single wallet deposited 430 billion PEPE (approximately $6.39 million) into Binance within nine hours, while another offloaded 325.5 billion PEPE (around $4.9 million). This influx has increased selling pressure, leading to a sharp decline in PEPE's price.

Market Dynamics: Despite some accumulation by smaller holders, overall demand for PEPE has been muted. The market is currently in a standoff between buyers and sellers, with cautious investor sentiment prevailing.

These factors combined have contributed to the notable reduction in PEPE coin's annual percentage gains.