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Home»Altcoins»PEPE whales deposits of $ 6.5 million to exchange as the price drops by 11%
Altcoins

PEPE whales deposits of $ 6.5 million to exchange as the price drops by 11%

May 31, 2025No Comments4 Mins Read
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Key notes

  • Pepe is negotiated about $ 0.0000,1288 after a daily decrease of 11%.
  • Whale 0x3C9e filed a value of $ 6.47 million from Pepe to Binance.
  • The whale still holds $ 6.41 million in pieces even and benefited from $ 7.47 million in a month.

While the wider market of cryptography is faced with a cooling period, the memes piece on the theme of the PEPE frogs

Pepper
$ 0.000011



24h volatility:
13.0%


COURTIC CAPESSION:
$ 4.80 B



Flight. 24 hours:
$ 1.92 B

Take a sharper blow than most. In the past 24 hours, Pepe fell by around 11%, negotiating about $ 0.0000,1288 at the time of writing the editorial time.

The cryptocurrency market capitalization has lost more than $ 650 million in one day, now at $ 5.42 billion. This drop coincides with the major exchange of an whale.


The data on the Lookonchain chain show that the whale 0x3c9e has deposited 502.5 billion PEPE tokens, worth $ 6.47 million, on Binance. Despite the transfer, the whale still has 497.5 billion pepe worth $ 6.41 million.

0x3c9e whale pepe deposited 502.5b $ Pepe($ 6.47 million) at #Binance 20 minutes ago and still has 497.5b $ Pepe($ 6.41 million).

This whale has made a profit of $ 7.47 million on $ Pepe in just one month. pic.twitter.com/1w5edoEkst

– Lookonchain (@lookonchain) May 30, 2025

The whale has already brought in $ 7.47 million in profits in the last month, which raised market concerns concerning a possible sale.

PEPE PRICE OUTSTIVES

On the daily graphic of Pepe, the RSI currently indicates that the memes piece is approaching the territory of occurrence but has not yet reached the extreme.

Traders can find immediate support in the request area from 0.000000120 to $ 0.0000124. A break below this area could cause a deeper correction to $ 0.0000,100.

PEPE price board with RSI and Bollinger groups

PEPE PRICE TABLE WITH RSI and BOLLINGER bands | Source: Commercial view

The price candles have slipped under the Mid-Bollinger group (20-day SMA) and brush against the lower strip, often a signal that the asset is occurring in the short term.

This suggests that a reversal could occur if the purchase pressure increased. The resistance is around $ 0.0000135, followed by the critical psychological level of $ 0,0000,15. However, if prices continue to tighten the lower strip, this may indicate a sustained down pressure.

Meanwhile, the MacD line recently crossed the signal line and the gap is widening. This lowering crossing generally leads to a movement down.

Pepe price with MacD

PEPE PRICE TABLE WITH MACD | Source: Commercial view

Earlier in May, Pepe recorded a net rebound of $ 0.00,0006, gathering 45% in the last month. However, the current conditions suggest that the bulls lose steam. Despite the recent dive, Pepe remains one of the best coins and among the largest in market capitalization, now an assessment of several billion dollars and a strong presence on the market.

According to the popular X Crypto account, Pepe on Fire, the token clings to a regression trend with support at $ 0.000013. They believe that a clear break above this level could lead the same part to the $ 0,000025 area.

$ Pepe Currently has a level of assistance at $ 0.000013, and it follows a regression trend. An escape above this level could indicate a bull movement, potentially targeting the beach of $ 0.000025.#Pepe

Join here for more updates on $ Pepe:: pic.twitter.com/ugmhhyje68

– pepe on fire 🔥 (@Peczbinance) May 30, 2025

following

Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

Pepe News, same corner news, Altcoin News, cryptocurrency News, News

PARTH DUBEY

Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.

Parth Dubey on LinkedIn





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