%20%5B11.43.32,%2016%20Sep,%202024%5D-638620685669006233.png "PEPE slides as whales lose interest, traders engage in profit-taking")
Summary
- Large-volume transfers of PEPE have decreased, indicating a loss of interest among whales.
- Profit-taking in PEPE has increased, with nearly $30 million in profits realized over the last six days.
- PEPE’s value dropped by nearly 1% on Monday, trading at $0.00000731.
- On-chain metrics suggest more downside for the meme coin’s price.