PEPE Whale Sells $11.65M, Market Shows Mixed Signals
Key Takeaways
A major PEPE investor (also known as a “whale”) recently deposited 1 trillion PEPE tokens worth $11.65 million on Binance. This move came after a 21-day holding period and could indicate a strategic shift among large investors. Market data simultaneously shows increased volatility, a critical support level, and an imbalance between long and short positions. Traders should closely monitor upcoming price movements.
Large-Scale PEPE Whale Sell-Off: A Warning Sign?
A significant PEPE investor recently transferred 1 trillion tokens to Binance. This amount corresponds to a value of $11.65 million. Previously, the same whale had withdrawn 2.209 trillion PEPE — an investment of approximately $27.68 million. After this recent sale, the investor still holds about 1.2 trillion tokens worth $14 million.
The whale incurred a loss of approximately $1.95 million. Such transactions often point to an impending trend reversal or an exit phase. The fact that the sale occurred at a loss argues against simple profit-taking. Rather, this may signal a strategic portfolio reallocation.
Netflows Show Contradictory Signals
According to data from IntoTheBlock, the net inflow of PEPE tokens increased by 1144.65% over the past seven days. At first glance, this seems positive. However, over a 30-day comparison, the figure stands at -1968.60%. This indicates an overarching trend in which more tokens are being withdrawn from exchanges than deposited.
The short-term recovery may therefore be deceptive. Combined with the whale deposit, much suggests that large investors are moving their holdings to exchanges in order to sell — not to buy more.
Technical Analysis: Pennant Formation Under Watch
PEPE is currently trading within a so-called pennant formation — a technical pattern that indicates an impending directional decision. The price is currently at $0.00001147, near a key support zone at $0.00000970.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot GamesReading time: ~ 3 minutes
-
Fruit Slots: The Best Fruit-Themed Slot Machines at a Glance
Reading time: ~ 3 minutes
-
Low Wagering Casino Bonuses 2025
Reading time: ~ 3 minutes
-
Easter Slots – Best Easter-Themed Slot Games
Reading time: ~ 3 minutes
-
Monster Slots: Best Monster-Themed Slot Games
Reading time: ~ 3 minutes
A breakout above $0.00001236 could bring new momentum. However, if the price falls below the support level, the pattern would be invalidated. In that case, increased selling pressure could follow. The price compression suggests an imminent strong move — though the direction remains uncertain.
Funding Rate Shows Trader Caution
The weighted funding rate (OI-Weighted Funding Rate) currently stands at +0.0070%. This signals a slight tendency toward long positions — i.e., expectations of rising prices. However, the value is flat and shows no clear direction. Traders appear indecisive. Neither bulls (buyers) nor bears (sellers) are dominating the market.
Long Positions Under Pressure
In recent hours, long positions worth $137,100 have been liquidated — compared to just $4,030 in shorts. This shows that many traders are using leverage to bet on rising prices and are being pushed out of the market during sideways movements or minor pullbacks. As long as the price remains below key resistance levels, further long liquidations are likely.
Key Level: $0.00001114
According to liquidation data from Coinglass, the area around $0.00001114 is a critical level. Many leveraged long positions with 25x to 50x leverage are located here. A move above this level could trigger a chain reaction — so-called short liquidations, where sellers are forced to close their positions, further driving the price up.
However, if this area is rejected again, weak longs could be flushed from the market. This zone is therefore a potential turning point — in either direction.
Our Assessment
Recent movements in the PEPE market show a tense picture. The whale sell-off, contradictory netflow data, and high number of long liquidations suggest a possible trend reversal. As long as the price remains below the resistance at $0.00001236, caution is warranted.
Traders should closely monitor the reaction around the $0.00001114 level. A breakout could provide short-term upward momentum. A drop below $0.00000966, on the other hand, would confirm the bearish scenario. Caution is currently advised — especially for leveraged positions.
Sources
- IntoTheBlock
- TradingView
- CoinGlass
| Wagering requirements | 35x bonus |
| 35x free spins winnings | |
| Minimum deposit | €20 |
| Maximum bet | €5 |
| Bonus validity | 30 days to claim |
| 14 days to wager / 7 days for free spins |
- There is no maximum bonus amount.
- 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
| Wagering requirements | 40x bonus |
| 40x free spins winnings | |
| Minimum deposit | 0.0005 BTC |
| Maximum bet | 0.00004 BTC |
| Bonus validity | 30 days after registration |
| 14 days (1st), 7 days (2nd), 1 day (3rd) |
- To get the bonus, enter the bonus code before the deposit.
- Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
- Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
- Free spins are provided in batches of 25 per day.
- Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
| 1st deposit | 120% up to $500 + 100 Free Spins |
| 2nd deposit | 100% up to $300 + 100 Free Spins |
| 3rd deposit | 150% up to $500 + 100 Free Spins |
| 4th deposit | 100% up to $300 + 100 Free Spins |
| Wagering requirements | 45x deposit + bonus |
| 40x free spins winnings | |
| Minimum deposit | $10 (1st) |
| $15 (2nd-4th) | |
| Maximum bet | $5 per round |
| Bonus validity | 30 days to claim, 7 days (1st-4th) |
| 7 days for free spins |
- You must complete the registration and verification process, including a valid email or phone number, to qualify for this bonus.
- You must select the desired bonus during the deposit process.
- There is a maximum withdrawal limit of $10 from winnings derived from free spins.
Advertising transparency