PEPE Falls Nearly 5% as Whale Selling and Exchange Outflows Rattle Memecoin

PEPE, the popular memecoin, experienced a significant decline of nearly 5% in its value, largely due to the substantial selling activity from large cryptocurrency holders, commonly referred to as "whales," alongside increasing outflows from exchanges that raised concerns among investors and traders. This drop in price has created an atmosphere of uncertainty within the memecoin market, prompting many to reassess their positions and strategies. source: https://www.coindesk.com/markets/2025/07/30/pepe-falls-nearly-5-as-whale-selling-and-exchange-outflows-rattle-memecoin