Pepe (PEPE)

December 9, 2024. $PEPE hits its all-time high at $0.00002825. Market cap crosses $11 BILLION.

Crypto Twitter went absolutely insane.
"PEPE is the next DOGE."
"This frog never stops."
"Sell? Why would anyone sell?"

And the excitement made sense on the surface PEPE had surged 154% in just one month. Meme coins were dominating every trending list. Everyone wanted in.

Then the "analysts" piled on with 80–100% more upside predictions and Christmas moon targets. What nobody was asking who is actually selling into all this euphoria?

Fast forward to today. PEPE is sitting at $0.0000037. That's an 86%+ collapse from that ATH. The same accounts screaming "PEPE forever" in December? Silent. Portfolios wrecked. Lessons learned the expensive way.

But this isn’t a PEPE problem. It’s the same script every cycle coin pumps, CT floods with hopium, retail buys the top, smart money exits quietly, everyone goes silent.

This is exactly why I use @CoinAnk's

OrderFlow Footprint charts. Not to follow the hype but to see what's actually happening beneath the candles.

Buy vs sell volume at every price level. Real demand vs retail chasing noise.

A proper OrderFlow read on that December $PEPE run would have flagged volume exhaustion and thinning buy-side delta at the highs the data was telling a completely different story from CT.

Hype fills your timeline. Data fills your pockets.

Before you ape into the next meme coin pump do you have a real thesis, or just a tweet? 🐸📊

Join us today: https://t.co/9AHtpakpnJ

just $67M in $PEPE sitting in a wallet because nobody can touch it, or even make a move

the wallet apparently is blacklisted from selling

so there is no escape for the $

sad https://t.co/ASu7WMjRPJ

Swing trading is really not so easy: The legendary “100% win rate” PEPE swing trader might finally be out of the game… and the ending is brutal.

Over the past 12 hours, the whale deposited the last remaining 63.9B PEPE into Bitget, worth roughly $2.36M at a transfer price near $0.000003687.

The painful part is the entry. This wallet originally accumulated PEPE around an average cost of $0.00001683, meaning this final batch alone would lock in roughly $8.4M in losses if sold.

And when combined with the massive $PEPE deposits from two months ago, the whale’s estimated cumulative losses now exceed $17.12M.

What’s also interesting is that the wallet didn’t just move PEPE this time , it also transferred other altcoins like $UNI and $CAKE to the exchange. So it’s still unclear whether this is a full capitulation event or simply a reshuffling into a fresh wallet through the exchange.

Either way, one of the most closely watched PEPE whales appears to have completely broken down after the long drawdown.

Address: 0xa145Bd8C9E421D332718A4C416cbE4016b8992Dd