The PEPE token is facing significant pressure as a large-scale sell-off initiated by whales triggers a price decline. Blockchain data reveals over 150 billion PEPE tokens being dumped, leading to a 6.5% drop in the token’s value and raising concerns of further losses. Expert analysis suggests that this massive sell-off is fueled by panic among traders triggered by the exit of prominent whales who initially profited from the meme coin’s surge. A single whale recently unloaded 150 billion PEPE tokens worth over $1.14 million, sparking a ripple effect of selling pressure across various exchanges. This has ignited bearish signals on charts and left many traders wary of future price movements.