Whales Are Abandoning PEPE Coin: Billions Sold! - Coin Bulletin

Koinbulteni · 2025-04-09T09:00:40+00:00

A whale in the crypto world sold 723.67 billion PEPE tokens for $4.63 million in DAI, sparking discussions on the potential impact on PEPE's price. Whales' movements can significantly influence meme coin markets.

Koinbulteni

2025-04-09 09:00:40

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In the world of Crypto, a whale sold its 723.67 billion PEPE tokens for exactly 4.63 million dollars worth of DAI.

According to data shared by the crypto analysis platform Lookonchain, one of the whales, referred to as major investors, made a significant sale in the meme coin market. A total of 723.67 billion PEPE (PEPE) tokens were sold in exchange for 4.63 million dollars worth of the stablecoin DAI (DAI). The potential effects of this massive transaction on the PEPE price have started to be discussed in the crypto community.

According to CoinGecko data, PEPE is trading at $0.00006368 with an increase of 1.1% in the last 24 hours. Looking at the token’s price movements over the last 7 days, it is notable that it has lost 14.1% value. The current market cap is around $2.67 billion. It is observed that PEPE’s trading volume in the last 24 hours has exceeded the $1 billion mark.

Whale movements play a critical role in the meme coin market. Typically, the sell-offs made by large investors can quickly pull prices down.

PEPE-2,86%

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