PEPE Coin Price Dips 5%, Whale Wallets Signal Bullish Accumulation

A Memecoin Rollercoaster: PEPE’s Dip Sparks Whale Accumulation Drama

In a dramatic 24‑hour turnaround, PEPE — the meme token named after the internet’s favorite frog — plunged more than 5% before drawing renewed investor attention from whale wallets. What looked like a sharp sell‑off is emerging as a deceptive shakeout amid deeper accumulation dynamics.

Background: Meme Fever Meets Market Mechanics

Launched in April 2024, PEPE quickly gained notoriety as a community‑driven meme token. By mid‑2025, its momentum had intensified: on July 11, PEPE surged ~14% within a day, climbing from roughly $0.00001114 to $0.00001281 as whale wallets added to their holdings while exchange supply declined (CoinDesk). That same period saw broader crypto recovery patterns, with Bitcoin topping $118 K and the CoinDesk Meme Index rising 11.3% (CoinDesk). This set the stage for a highly anticipated run—but volatility would soon follow.

The Dip and Whale Accumulation

On July 23, PEPE experienced a sharp intraday drop: from a high near $0.000014167 to a low of $0.000012915, a decline of over 5% (CoinDesk). Volume during the sell‑off spiked to approximately 13 trillion tokens per hour—over four times the average pace—signaling a swift and widespread dump (CoinDesk).

However, a deeper look reveals a stark contrast between panic-selling and strategic buying. Data from CoinDesk Research shows whale wallets (top 100 addresses) boosted their holdings by around 3.2% over the past month (CoinDesk). On‑chain stats also indicate that exchange reserves of PEPE fell by roughly 2.5%, suggesting large holders are moving their tokens off platforms—often a sign of long‑term holding (CoinDesk).

Technical Structure: Resistance and Support in Play

Analysis of price action reveals clear technical boundaries: the high‑volume peak around $0.00001415 acted as resistance, while immediate support emerged near $0.000013. These price levels formed a familiar trading range during the tumble and subsequent rebound (CoinDesk). Moreover, after bottoming, PEPE bounced back to approximately $0.0000131, underpinned by sustained recovery volume of 300–400 billion tokens per hour (CoinDesk).

Whale Moves: Building the Bigger Picture

August 15 hours ago, CoinDesk reported that whale wallet accumulation is ongoing even amidst the dip. The top 100 PEPE addresses have grown their holdings by 3.2% over the past month, while exchange reserves dropped by 2.5%. Google search trends for PEPE surged on July 22—right before the dump—suggesting retail frenzy set the scene for the shakeout (CoinDesk).

What Experts Say: Interpreting the Shakeout

“PEPE’s whale wallets are quietly stacking the dip,” noted Saad Ullah in The Tradable, highlighting that while public panic may dominate headlines, institutional activity reveals a calmer, accumulation‑centric narrative (The Tradable). CoinDesk analysts support this interpretation: the volume explosion during the drop likely reflects profit‑taking or margin liquidations, followed by measured buying by strong hands (The Tradable).

Despite flash volatility, whales appear to be opportunistically adding PEPE at lower prices, as tokens exit exchanges and move into private wallets—a classic bullish pattern under the surface (The Tradable).

Real‑World Impact: What This Means for Investors

Retail investors often get spooked during swift drops, but on‑chain data reveals a compelling subplot: whales are scooping up PEPE, reducing liquidity on exchanges and signaling long‑term intent (The Tradable). While technical resistance near $0.00001415 persists, sustained whale interest and stable support at $0.000013 point to a potential rebasing in the near term—though volatility remains characteristic of meme assets.

Live Market Snapshot & Forward Guidance

• Price trend: Rebounded to ~$0.0000131 after the dip.

• Volume activity: Maxed at ~13 T tokens per hour during the crash; recovery volumes steady at 300–400 B/hr (CoinDesk).

• Whale dynamics: +3.2% accumulation from top addresses; exchange supply down 2.5% over 30 days (CoinDesk, The Tradable).

• Behavioral insight: Retail fear vs. institutional accumulation—classic shakeout pattern confirmed.

Analysts suggest that if whales continue their accumulation, PEPE may test resistance again. However, persistent volatility and repetitive shocks should caution all participants: rapid rebounds are possible, but bigger swings will remain the norm in meme‑driven markets.

Interactive: Your Angle on PEPE’s Trajectory

Is this just another short‑term meme pop or the makings of a sustainable reaccumulation phase? Share your thoughts on our X.

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.

Source:

• Cryptopolitan Media – “Pepe Coin (PEPE) vs Mutuum Finance (MUTM): ChatGPT Picks the Next 10x Crypto”

• Cryptorank – “Pepe stays strong despite a bit of a dip”

• Binance

• CoinDesk – “PEPE Plunges 5% on Volume Spike, but Whale Wallets Are Accumulating”