BTCC / BTCC Square / Cryptopolitan /
Ethereum Braces for Sub-$2K Plunge as PEPE Crashes 40%—Whales Pivot to This High-Flyer

Ethereum Braces for Sub-$2K Plunge as PEPE Crashes 40%—Whales Pivot to This High-Flyer

Published:
2025-06-03 07:16:00
10
3

Ethereum’s price teeters on the edge of a bearish abyss, with analysts forecasting a drop below $2,000. Meanwhile, meme coin darling PEPE isn’t laughing—it’s down 40% in a brutal week.

Smart money isn’t waiting around. ETH whales are quietly shifting stacks into an under-the-radar outperformer, hedging against the carnage. Because when the market bleeds, the big players don’t pray—they reposition.

Funny how ’decentralized’ finance still moves when whales sneeze. Just saying.

Ethereum price struggles as decline deepens despite whale activity

Ethereum 1Y price chart. Source: CoinMarketCap

Ethereum’s price has dropped for consecutive days, increasing its decline to nearly 36% in its yearly chart. This comes ahead of June, historically its weakest month, with average losses of over 7%. Despite the dip, Ethereum’s price has still performed better than many other cryptocurrencies, which have seen bigger drops this month.

Even with the decline, there are signs of strength. Large investors, known as whales, are buying more ETH, with over $3 billion flowing into ethereum ETFs recently. Analysts also note bullish patterns forming on the charts, indicating a possible rebound with price targets as high as $4,185 if the trends continue.

PEPE Coin plunges 17% amid rising selling pressure.

Pepe’s price saw its value decline by 23% in yearly charts, wiping out recent gains. This sharp drop comes as more traders rush to sell, with selling volume now making up over half the market activity. At the same time, PEPE’s Open Interest—a measure of active positions—has dropped 23%, showing traders are exiting the market fast.

Long positions, or bets that PEPE coin WOULD rise, took the hardest hit, losing $7.3 million out of $8.97 million in total liquidations. 

PEPE coin price analysis. Source: AMBCrypto

Even though some buyers are still purchasing PEPE, technical data shows it’s now in an “oversold” zone. If selling continues and no strong support level holds, Pepe Price could fall even further in the coming days.

Remittix’s PayFi hit $15.5M in presale. 2025’s best presale token?

Remittix is making a name for itself in crypto by connecting digital assets and traditional finance. Users can transfer crypto to any fiat bank account anywhere by simply linking their wallet. Making payments across borders is now fast, easy, and available to everyone, without having to deal with the usual problems of currency exchange or transferring money through banks.

Remittix helps by removing the need to pay foreign exchange fees. Unlike other services, Remittix does not charge extra for currency conversions, and the recipient gets the full amount you send. For freelancers and remote workers, it is a good choice since they get steady payments without any surprises.

With the merchant checkout tool, companies can accept crypto payments and receive payment in fiat. Businesses that want to automate crypto payments will also find Remittix’s Pay API very useful. No matter if you’re an e-commerce platform or an invoicing service, the API helps you integrate Remittix’s features to give your clients or customers smooth transactions.

Remittix’s token surge: Analysts predict surge to $1.

As the presale nears completion, with over $15 million already raised and 65% of tokens sold, the excitement continues to build. At its current price of $0.0781, early buyers are positioning themselves before the next price bump to $0.0811. 

Analysts have even predicted a surge to $1—a whopping 1180% surge from the current level. But that’s just the beginning. Remittix has positioned itself to dominate the $190 trillion payment market. Even tier-one CEX listings outlined in its roadmap activity could push RTX more than 100x.

: https://remittix.io/

https://linktr.ee/remittix

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users