Are crypto whales selling out PEPE? Since memcoins are usually associated with high risk, holders of such assets often prefer to take profits quickly. This happened with PEPE: after the first green candle appeared on April 20, investors began to sell their tokens.
According to data from analytics platform IntoTheBlock, addresses with balances between $10,000 and $10 million saw off more than $120 million in PEPE. This sell-off occurred in just ten days and stopped a potential rally midway.
However, the return$PEPE to the level of $0.00000680 will refute the bearish thesis, starting a recovery and sending memcoin to $0.00000700 and above.
Podpishis!
