PEPE Whales Bail—Is a 15% Nosedive Next?

Big players are dumping PEPE—and the memecoin’s future looks shaky. When whales exit, retail often gets stuck holding the bag.

Could this trigger a 15% collapse? Markets hate uncertainty—and nothing screams ’panic’ like crypto OGs cashing out. Just another day in the casino.

Remember: In crypto, ’whale activity’ is just a polite term for ’the house always wins.’

Whale offloads 502 billion PEPE

Following the dip in PEPE’s price, a crypto whale offloaded 502.5 billion coins worth $6.47 million to Binance, securing a profit of $7.47 million.

This impressive gain was achieved in just one month, as the tokens were acquired in late April or early May 2025. Despite the substantial sell-off, the whale still holds 497.5 billion PEPE coins, valued at $6.41 million.

However, this sell-off by whales came during the period when PEPE broke down from an ascending triangle price pattern, turning the sentiment bearish.

Price action and technical analysis

According to AMBCrypto’s chart analysis, following the breakdown, the memecoin has turned bearish and appears poised to continue its downside momentum in the coming days.

Source: TradingView

Based on the daily and four-hour charts, if this downward trend continues, PEPE could see a 15% price decline, potentially reaching the next support level at $0.0000111 and the 200-day Exponential Moving Average (EMA).

As of press time, PEPE’s Relative Strength Index (RSI) stood at 52, indicating that the token was in a neutral zone with neither overbought nor oversold conditions, suggesting a balanced momentum.

PEPE’s on-chain metrics 

During this period, whale participation has skyrocketed. Data from the on-chain analytics tool IntoTheBlock revealed that PEPE’s large transaction volume, typically linked to whales and institutions, has soared by 4.09%.

This uptick raises questions about whether these whales are positioning themselves for a bearish outlook or if they’re seizing the opportunity to accumulate PEPE at lower prices.

Major liquidation levels 

The major liquidation levels were at $0.00001259 on the lower side (support) and $0.00001351 on the upper side (resistance), with traders appearing over-leveraged.

Source: CoinGlass

Currently, traders have built $2.39 million worth of long positions and $7.65 million worth of short positions at these levels, which could be liquidated if the price moves in either direction.