{"id":297911,"date":"2025-10-12T23:33:55","date_gmt":"2025-10-12T23:33:55","guid":{"rendered":"https:\/\/newhampshiredigitalnews.com\/index.php\/2025\/10\/12\/whales-dump-1-5-trillion-tokens-before-pepe-coin-price-crash\/"},"modified":"2025-10-12T23:33:55","modified_gmt":"2025-10-12T23:33:55","slug":"whales-dump-1-5-trillion-tokens-before-pepe-coin-price-crash","status":"publish","type":"post","link":"https:\/\/newhampshiredigitalnews.com\/index.php\/2025\/10\/12\/whales-dump-1-5-trillion-tokens-before-pepe-coin-price-crash\/","title":{"rendered":"Whales dump 1.5 trillion tokens before Pepe Coin price crash"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"is-style-lead\">Pepe Coin price crashed to a multi-month low, leading to a surge in liquidations as the crypto market dived.\u00a0<\/p>\n<div id=\"cn-block-summary-block_1df6583dcf0f4b3dcabb0fd6026e014c\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Pepe Coin price crashed to a multi-month low amid the crypto market crash.<\/li>\n<li>Whales and smart money investors have been dumping their tokens.<\/li>\n<li>The coin has been forming two key risky patterns on the daily chart.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Pepe (<a href=\"https:\/\/crypto.news\/price\/pepe\/\">PEPE<\/a>), a popular meme coin on the Ethereum (<a href=\"https:\/\/crypto.news\/price\/ethereum\/\">ETH<\/a>) ecosystem, plunged to a low of $0.0000388, its lowest level since February 2024. This crash led to over $20 million in liquidations.<\/p>\n<p>Pepe\u2019s crash coincided with the <a href=\"https:\/\/crypto.news\/heres-why-a-crypto-market-rally-possible-after-crash\/\">turbulence in the crypto market<\/a> after President Donald Trump unveiled new tariffs on China. This announcement resulted in over $19 billion in liquidations and more than $500 billion in total losses across the crypto market.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The Pepe Coin price crash happened at a time when whales were reducing their exposure to the coin. <a href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0x6982508145454ce325ddbe47a25d4ec3d2311933&amp;chain=ethereum&amp;tab=smart-money\" target=\"_blank\" rel=\"nofollow\">Data shows<\/a> that whales sold over 1.5 trillion coins between September 26 and last Friday, a sign that they expected the price to plunge.<\/p>\n<p>The same happened among investors, who dumped over 2 million coins. They now hold 1.67 trillion coins, down from 3.17 trillion in September.<\/p>\n<h2 class=\"wp-block-heading\">Pepe Coin price risky patterns explain the whale sell-off<\/h2>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" width=\"3574\" height=\"2038\" src=\"https:\/\/media.crypto.news\/2025\/10\/Pepe-Coin-Price-1.webp\" alt=\"Pepe Coin price\" class=\"wp-image-14424462\"\/><figcaption class=\"wp-element-caption\">Pepe price chart | Source: <a href=\"https:\/\/crypto.news\/price\/pepe\/\">crypto.news<\/a><\/figcaption><\/figure>\n<p>A potential reason why whales and so-called \u201csmart money\u201d investors sold their Pi coins is that it has been forming two risky patterns on the daily timeframe chart.<\/p>\n<p>The most recent pattern is the descending triangle pattern, whose lower side was at $0.0000091. Its diagonal line connects the highest swings since May 22 this year.\u00a0<\/p>\n<p>Most notably, the coin has been forming a giant head-and-shoulders pattern since May. The head section of this pattern was the all-time high of $0.00002821.<\/p>\n<p>The right and left shoulders are at $0.000016, the highest point in May this year and last year. Additionally, the neckline was at $0.0000056, its lowest level since March and April this year, as well as August and September last year.\u00a0<\/p>\n<p>Therefore, the most likely scenario is that the Pepe price will continue to fall in the coming weeks. The initial target will be the year-to-date low of $0.0000038, followed by $0.0000020.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/whales-dump-1-5-trillion-tokens-pepe-coin-price-crash\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pepe Coin price crashed to a multi-month low, leading to a surge in liquidations as the crypto market dived.\u00a0 Summary Pepe Coin price crashed to<\/p>\n","protected":false},"author":1,"featured_media":295736,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[163],"tags":[],"class_list":["post-297911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/297911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=297911"}],"version-history":[{"count":0,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/297911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/295736"}],"wp:attachment":[{"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=297911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=297911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newhampshiredigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=297911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}