Pepe Faces Fresh Downside as Top Whales Capitulate, Analyst Sees $0.0000146 Target
Pepe (PEPE) looks poised for further downside after on-chain signals showed increased selling from top holders and a potential macro reversal forming year-to-date. Market analyst Aksel Kibar highlighted the risk of a major correction and pointed to a price target of $0.0000146, suggesting the current structure could break lower if whale liquidation continues.
The move matters because heavy selling from a few large wallets can quickly erode liquidity and amplify volatility in meme-driven markets, putting retail positions at higher risk. Traders and observers should watch whale flows, order-book depth and key support zones for signs of stabilization; if the capitulation accelerates, broader meme-asset sentiment could be pressured in the near term.