Pepe whale leads to panic, fills 150B codes with low price
The cause of confidence
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A great player in the world of Pepe Coin dispensed a large part of their holdings, causing the price of the M -currency to be swayed. This investor, who entered early in Bibi, was sold 150 billion symbols On the exchange of encryption, binance. The sale amounted to about $ 1.14 million. It is an important step that caught the attention of people who are going up and landing in these digital currencies.
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Early investment pays great fruits
The story becomes more interesting when we look at how much this investor puts in Baby. Reports say they spent only about $ 2,184 to buy a huge 1.5 trillion baby Icons, return, return.
A $ Pepe Og 150B sold $ Pepe(1.14 million dollars) again 5 hours ago.
This Og spent only $ 2,184 to buy 1.5T $ Pepe($ 43 million in peak) at the early stage.
Sell 1.02t $ Pepe For $ 6.66 million, leave 493B $ Pepe($ 3.64 million), with a total profit of $ 10.3 million (4,718X).https://t.co/tyzlr10sgj pic.twitter.com/fd6fpyqci
– Lookonchain (@swearonchain) March 29, 2025
Now, after selling some of their hideouts, this person has already made a profit of $ 6.66 million. This is like a return to approximately 4,718 times their initial investments. Even after this big sale, they still have a large amount of PEPE – about 493 billion, which are currently about $ 3.64 million.
The price takes a decline
The news of this big sale seems to have affected the Baby price. During the last day, the currency value decreased by about 4.59 %, according to the treatment. Even other sources are reporting a slightly larger decrease, more than 5 %.
Currently, one PEPE currency is trading about $ 0.00006976. It is a reminder that when someone carries a lot of cryptocurrency, his actions can have a real impact on the market price.
The market shows signs of weakness
It is not only this big sale that presses Baby price. The total cryptocurrency market has been a little slow recently, and this contributes to the negative direction of PEPE.
Although the price is lower, much trading is still ongoing with PEPE. The trading volume in one day increased by about 3.90 % to 421.28 million dollars. This indicates that even with low prices, individuals continue to purchase and sell the M -currency.
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Technical indicators indicate below
Take a look at some technical charts followed by traders, things do not look very good for Pepe at this moment. One of them, known as as MACDIt indicates a declining signal, which means that the price may continue to decrease. Another one, RSI, is in the so -called “OverBoom” lands, at 24.55. This generally indicates a great pressure for sale.
The data also shows that the money has been flowing from Pepe since mid -January, and it is not a good sign of its price. Some analysts expect that if Pepe remains less than a specific price point, about $ 0.0000075, it may decrease by 20 % to about $ 0.00000585.
Distinctive image from Gemini Imagen, the tradingvief chart