Today, on April 9, 2025, a major sales event took place in the Pepe market. According to data reported by LookonChain, the whale sells 72.367 billion Pepes of coins at Dai Stablecoin for $4.63 million. The sale appears to be part of a major market trend where whales are restructuring their holdings as they evolve market conditions.
Whale is 4.63mm $dai! 723.67b $Pepe was on sale at https://t.co/ofjjsiqeqs pic.twitter.com/vcqfkkkzfvp!
– lookonchain (@lookonchain) April 9, 2025
Whale exchanges Pepe for a die
The sale comes after Meme Coin recently witnessed a significant price decline. There are two scenarios that explain why the Whale decided to sell Pepe Holdings. The first is that this whale appears to be the early owner of Pepe. Today, he decided to make a profit by selling 72.367 billion Pepe coins in exchange for $4.63 million, an average price of 0.0000639794 per Pepe. This figure shows that early investors benefited from purchasing tokens when the initial average price was low.
Another scenario is that this sudden move to sell billions of Pepecoin could be in response to recent declines in Pepecoin’s performance. Pepe has been watching the downtrend for weeks. Its prices fell 15.0%, 28.3% and 0.5% over the past week, 2 weeks and a month ago, respectively. The token price is currently at $0.0000633, a 1.2% decrease from yesterday.
The current price for Pepe is $0.0000633.
Investors looking for a safety net
This whale move suggests that he will sell tokens to minimize losses. Investor activities show low investors’ feelings about Pepe, suggesting that Pepe whales are selling their holdings. Investors seem to be as careful as Pepe struggles.
The whale suggests a move to sell Pepe coins and buy die stub coins.
This approach could be further reduced with Pepe. However, whales that have moved to invest in Stablecoins do this because they plan to reinvest in their assets when the market conditions improve eventually.
