Crypto Whales Jump Ship – Is PEPE About to Take a Swan Dive? 🤪

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  • If the bearish momentum keeps waddling along, PEPE could take a nosedive of 15% down to the fun level of $0.0000111.
  • We’ve got major liquidation levels folks! On the lower side we’ve got $0.00001259 and, holding onto that skinny upper side, $0.00001351!

Well, folks, it looks like our beloved PEPE is getting a makeover, and guess what? The whales are dumping billions like they just found out the prices were on sale! 🐋💸 As the price keeps slipping away, it must be time for those profit books to get their dust jackets dirty!

As we traipse through May 30th, PEPE just took an 11% price dip. Glad to know we’re all in it together—at least we can cry on each other’s shoulders, right? 😭

As of now, PEPE is bumming around a tame $0.0000128, with traders looking like deer caught in headlights—15% drop in trading volume anyone? CoinMarketCap says yes, please! 🙄

Whale offloads 502 billion PEPE – the ugly truth!

In a dramatic twist, a crypto whale threw 502.5 billion PEPE coins at Binance like it was a hot potato, raking in $6.47 million! This whale must have a solid grip on their business sense—$7.47 million profit in one month? Now that’s whale watching at its best! 🐳💰

And don’t worry, they still have 497.5 billion coins left, valued at $6.41 million. Talk about being frugal—I guess they’re the kind of whales who don’t throw money away! 😏

But hold onto your hats, this sell-off happened right when PEPE decided to leave the ascending triangle and take a stroll down Bear Boulevard. How romantic! 💔

Price action and technical analysis – the ‘oops’ edition!

According to AMBCrypto’s expert engineers, after breaking down like a bad car, PEPE is looking bearish and poised to continue the downward spirals of doom. Pow!

If things don’t perk up and continue spiraling down, we might see PEPE at a dazzling low of $0.0000111 and possibly flirting with the now-famous 200-dayExponential Moving Average (EMA). Whee! 🎢

As tempting as it is to jump on this bearish bandwagon, PEPE’s Relative Strength Index (RSI) is chilling at 52. Looks like it’s neither on the dinner menu (overbought) nor your kids’ unhappy leftovers (oversold). Talk about a balanced diet! 🍽️

PEPE’s on-chain metrics – feast or famine?

During this rollercoaster, whale participation is soaring higher than ever before! Reports say that PEPE’s large transaction volume linked to our big whale buddies has bloated by a whopping 4.09%. 🐋💹

This piques our curiosity—are these whales gearing up for a bearish outlook or are they just bargain hunting for PEPE at rock-bottom prices? Only time will tell! ⏳

Major liquidation levels – the fine print!

So, what’s the real scoop on these major liquidation levels? Well, we’re sitting pretty at $0.00001259 on the lower side (support) and $0.00001351 on the upper (resistance) side. Traders, remember not to get overly comfortable! 📉📈

At present, traders are holding $2.39 million worth of long positions and a whopping $7.65 million worth of short positions at these levels. Buckle up, kids, because things could get liquidated faster than a soda in a hot summer’s day! 🍹💥

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2025-05-31 06:19