The general crypto markets entered a pitfall on Monday, as the upcoming 25% tariff activation from the United States government has scared off a large chunk of investors. Financial experts such as Goldman Sachs are painting a dim picture for crypto & stock markets in the upcoming months due to the likelihood of inflation hitting the global economy.
Naturally, the meme coin section is among the hardest hit, with all three largest meme coins incurring a 6% weekly deficit in whatโs already an all-red month for most altcoins. Last weekend, the frog-themed Pepe Coinโs (PEPE) early holders were spotted to take profits, with one super early PEPE whale netting a $10.3 million profit after selling 1.02T PEPE for $6.66M.
Sponsored
This large crypto player managed to yield a $10.3 million profit, as their early investment of $2,184 for 1.5T PEPE coins showed a $43 million in unrealized profits on this whale’s on-chain wallet. In contrast, meme coin whales who have joined PEPEโs journey later might have not been so lucky, as will be shown in todayโs case.
Crypto Whale Dumps $3.03M: Lost Belief In PEPE?
In a suspicious transfer detected by the blockchain intelligence platform Arkham Intelligence, a large Pepe Token (PEPE) holder was caught on a selling spree in the early hours of March 31, 2025. Making $3.03 million for the three-fold PEPE transaction to a popular crypto exchange, the high-rolling crypto enthusiast laid himself open to a $434K loss.
Usually, this happens due to panic selling or lack of belief that the digital currency in question is able to recoup losses after a downward trend. Despite the best caecilian-themed crypto staying in consolidation around $0.000007 for the past 24 hours, a further downward spiral is likely due to only 28% of current PEPE token holders making a profit at this price area.
Moreover, the real-time on-chain records show that this large crypto player cleared out all their meme coin holdings, leaving just under $2 million of the popular USDT stablecoin on-balance. Their latest crypto wallet register testifies that all of the 458B PEPE coins were sent to Binance.
In previous bull runs, PEPE tokenโs price was consistently boosted with strong trading volumes on Spot, generating billions of dollars per day. However, the coinโs trading volume has folded to just $600 million per day, while crypto whales have mostly remained silent since mid March, with the large transactions count now not exceeding $500M in a 7-day period.
On The Flipside
- Pepe coinโs latest crypto trading volume remains second largest among meme coins, doubling Official Trump (TRUMP) and tripling Shiba Inuโs (SHIB) $199 million in 24 hours, according to CoinGecko.
Why This Matters
Major crypto players moves usually lead up to a bigger trend and shows that even the largest investors are prone to emotion-based financial decisions.
Discover DailyCoinโs popular crypto news:
Can XRP Bulls Smash Through $3 Despite Bearish Inflation News?
Crypto Risks: 5 Biggest Things Newbies Need to Watch Out For
