{"id":13188,"date":"2025-10-12T20:06:08","date_gmt":"2025-10-12T20:06:08","guid":{"rendered":"https:\/\/bitunikey.com\/news\/whales-dumped-1-5-trillion-tokens-before-the-pepe-coin-price-crash\/"},"modified":"2025-10-12T20:06:11","modified_gmt":"2025-10-12T20:06:11","slug":"whales-dumped-1-5-trillion-tokens-before-the-pepe-coin-price-crash","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/whales-dumped-1-5-trillion-tokens-before-the-pepe-coin-price-crash\/","title":{"rendered":"Whales dumped 1.5 trillion tokens before the Pepe Coin price crash"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\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<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\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 (PEPE), a popular meme coin on the Ethereum (ETH) 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 turbulence in the crypto market 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 rel=\"nofollow\" target=\"_blank\" 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\"><figcaption class=\"wp-element-caption\">Pepe price chart | Source: crypto.news<\/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","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 a multi-month low amid the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13188"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13188\/revisions"}],"predecessor-version":[{"id":13189,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13188\/revisions\/13189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2930"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}