Is the PEPE Whale Movement a Danger Signal for the Market?

Jakarta, Pintu News – A large holder of Pepe Coin (PEPE) has recently moved $11.65 million in funds to Binance, raising concerns among market participants. This large deposit, which came after the holder held his assets for 21 days, may signal a change in strategy among other large holders. With values still high, this action could be more than just profit-taking.

Big Holder Strategy Change

Netflow data from IntoTheBlock shows a dramatic surge of +1,144.65% in the last seven days, yet the 30-day metric remains strongly negative at -1,968.60%. This suggests that the recent inflows may just be a temporary aberration in a broader trend of fund outflows.

This large deposit by whale suggests that there may be an attempt to distribute tokens rather than accumulate them. Although on the surface it appears bullish, this change could be a warning sign when viewed in a broader context.

Also Read: From Dogecoin Millionaire to Pepe Millionaire: The Latest Meme Coin Investment Strategy!

Pennant Pattern Analysis on PEPE

Pepe Coin (PEPE) is currently in consolidation in a Pennant pattern, with strong support around $0.00000970. Currently, the token is trading at $0.00001147 and the triangle structure is nearing its peak. If the price manages to break above $0.00001236, this could trigger a momentum-driven rise.

However, a drop below support would invalidate the pattern and would likely attract massive selling. Price compression suggests that a big move is imminent, so this pennant formation is critical.

Risky Positions in the PEPE Market

According to Coinglass’ liquidation map, the $0.00001114 zone is a high-risk leverage cluster, filled with 25x and 50x long positions. Pepe Coin (PEPE) is currently in this critical zone, making it an important battleground.

If the bulls can push the price above this level, the successive liquidation of shorts could trigger a sharp rally. Conversely, a rejection here would take out weak long positions and strengthen bearish pressure. This level is not only a resistance, but also a liquidation trap for both sides.

Conclusion

With large deposits by whales and heavy long liquidation, market indicators are bearish. Pepe Coin (PEPE) is still holding at key support, but indicators show that the bulls’ position is quite unstable. If the price falls below $0.00000966, the downside momentum could increase rapidly. Therefore, this whale activity may indeed be an early signal of further declines, unless the bulls can defend with conviction and strong volume.

Also Read: Shocking Prediction: Bitcoin (BTC) Has the Potential to Reach $250,000 in 2026!

That’s the latest information about crypto. Follow us on Google News for the latest crypto and blockchain technology updates. Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• AMB Crypto. Pepe Whale dumps $11.65M, traders, is this a warning sign for…?. Accessed on June 10, 2025
• Featured Image: Generated by AI