Whale Liquidates Billions of PEPE Coins for DAI Amidst Declining Prices

A substantial sale event involving 723.67 billion PEPE coins, totaling $4.63 million in DAI stablecoin, has taken place on April 9, 2025, according to Lookonchain data. This activity aligns with a larger trend of whales re-allocating their holdings amidst evolving market conditions. 💰 📉 📈 The sale follows a period of declining PEPE prices. Two possibilities could explain the whale’s decision: either they are an early adopter who profited by selling after witnessing a price rise, or they responded to the recent downturn in the token’s value, seeing the move as a way to minimize potential losses.