- PEPE’s large transactions plunged from 1,520 to 155 in just three months showing a major shift in market activity.
- The price dropped from $0.000026 to $0.000010 as fewer whales made moves reducing liquidity and increasing volatility.
- If transactions rise above 500 whales may return but if they stay low PEPE could see more downside pressure in the coming weeks.
The number of large PEPE transactions has taken a massive hit, dropping from 1,520 to just 155 in three months. This drastic 89.8% decline suggests a significant reduction in whale activity, which often serves as a key indicator of market sentiment. On December 9, 2024, PEPE saw its highest spike in transactions, reaching 1.52K, with the price standing at $0.000026.
However, as of February 20, 2025, large transactions have dwindled to 155, while the price has fallen to $0.000010. This sharp drop raises questions about whether investors are losing interest or merely waiting for better market conditions.
Market Volatility and Investor Sentiment
An apperient sharp decline in the vast amount transacted usually entails a corresponding decline in liquidity which aggravates price movements. Lower frequency of funds being moved by the big holders means greater price fluctuations as a result of lower trading volumes.
In the last seven days, the highest number of large transactions was recorded as 304 on February 14, 2025, while the lowest was 105 on February 18, 2025. Such fluctuating counts show that PEPE is struggling to sustain heavy buyer interest, which may tend to create a threat of further price instability during the immediate future.
If the decline in large transactions continues, the token’s price could face further downward pressure as liquidity dries up. However, this could also be a phase of market consolidation before a potential rebound. Historically, low transaction activity in memecoins has sometimes preceded an altcoin rally, as seen in previous cycles. If interest picks up, the price could attempt to recover past levels, but it would require a substantial increase in whale participation.
The Road Ahead – Rebound or Further Decline?
It’s currently at $0.00001 per PEPE, and over the next few weeks, things will look promising. If trade volumes do not increase significantly, the price is likely to fall. Whales, however, could return, equating transactions to above 500 to suggest renewed confidence in the future of the market. The time ahead will tell whether this is a temporary halt or the beginning of a much longer downward spiral, but it would be a fail-safe for PEPE holders to watch transaction trends for any signs of change.
