The post Will Pepe Coin Price Crash As Whales Sell Off Holdings? appeared on BitcoinEthereumNews.com.

Pepe Coin has dropped more than 70% from its 2025 peak, raising questions about its future. As key holders exit positions and volume fluctuates, concerns grow. Recent whale activity and smart money sell-offs may hint at more downside ahead. The coin, once a leading meme token on Ethereum, now faces price pressure from multiple fronts. Investors are closely watching for the next major move. Smart Money Investors Reduce Exposure to PEPE Coin The number of smart money investors holding Pepe Coin has decreased steadily over the past year. According to Nansen, only 17 smart wallets held PEPE on May 7, compared to 32 in November 2024. These wallets now hold 2.79 trillion PEPE tokens, a drop from 4.24 trillion in June 2024. Smart investors often sell near market tops. Their continued exit may indicate fading confidence in PEPE’s long-term value. Many of these investors have shifted focus toward meme coins on the Solana network, which has seen stronger momentum. This rotation reduces demand for Ethereum-based meme assets like Pepe Coin. Source: Nansen Ethereum’s price decline from over $4,000 in 2024 to around $1,800 in 2025 has also weighed on sentiment. As ETH weakens, investors often move away from related tokens. PEPE, being one of the largest Ethereum meme coins, is directly affected by these broader shifts. Liquidation Patterns Suggest Weak Market Confidence Between April 2 and April 7, long liquidations spiked above $2.7 million, showing that bullish traders were caught off guard. This volatility was followed by a sharp rise in short liquidations around April 10, pointing to a temporary price squeeze. These movements did not lead to a lasting recovery. From April 11 to April 23, both long and short liquidations occurred frequently. This pattern showed that traders lacked clear direction. PEPE coin did gain briefly after April 23,…

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Filed under: News - @ May 10, 2025 5:26 am