PEPE Token Slides 5.25% Amid Whale Pullback and Market Uncertainty, Liquidity Remains Strong

PEPEUSDT has declined by 5.25% over the past 24 hours, with the current price at $0.00000867 according to Binance data. The recent price drop is primarily attributed to ongoing market uncertainty, a sharp 18% decline over the past week, and reduced whale activity, as evidenced by a more than 50% decrease in major purchases and net outflows. Large token transfers and profit-taking by significant holders have contributed to increased volatility, while a slowdown in whale and derivative activity has dampened speculative momentum. Despite these challenges, PEPE remains highly liquid and continues to attract attention from retail traders, with a market capitalization of approximately $3.68 billion and historically high trading volumes, though engagement has moderated alongside the recent correction.