In a surprising turn of events, Pepe coin has sparked concerns among investors, with signs of a price correction emerging on July 5. Recent data indicates a significant sell-off of over 1 trillion PEPE on exchanges, resulting in a decline of approximately 12% in the value of the frog-themed meme coin.

令人驚訝的是，Pepe 幣引發了投資者的擔憂，7 月 5 日出現價格回檔跡象。因硬幣的價值。

Amidst a bearish cryptocurrency market, these substantial sales have significantly altered market sentiment. Doubts have arisen regarding whether Pepe coin has reached its zenith, causing unease among traders and investors. Let's delve deeper into the current market statistics of the third-largest meme coin by market capitalization and their implications for future price movements.

在看跌的加密貨幣市場中，這些大量的銷售極大地改變了市場情緒。人們對佩佩幣是否已經達到頂峰產生了懷疑，引起了交易者和投資者的不安。讓我們更深入地研究按市值計算的第三大模因幣的當前市場統計數據及其對未來價格走勢的影響。

Massive PEPE Dump by Whales Triggers Bearish Sentiment

鯨魚大規模拋售 PEPE 引發看跌情緒

According to on-chain data from 'The Data Nerd,' a transaction tracker, two whales transferred $1.02 trillion PEPE to a crypto exchange today.

根據交易追蹤器「The Data Nerd」的鏈上數據，今天有兩隻鯨魚將 1.02 兆美元的 PEPE 轉移到了加密貨幣交易所。

Whale address 0xf22 deposited 435 billion PEPE, valued at $3.86 million, to Binance, one of the leading centralized exchanges. If sold at the current price, the whale would incur a loss of $1.21 million.

Whale 地址 0xf22 向領先的中心化交易所之一幣安存入了 4350 億個 PEPE，價值 386 萬美元。如果以目前的價格出售，這頭鯨魚將損失121萬美元。

Concurrently, market maker Wintermute sold a colossal 593.6 billion PEPE for $4.61 million. This substantial selloff has amplified selling pressure on Pepe coin.

同時，做市商 Wintermute 以 461 萬美元的價格出售了 5,936 億個 PEPE。這種大幅拋售放大了佩佩幣的拋售壓力。

These significant transfers to exchanges have ignited bearish market sentiment, signaling a decline in confidence in the asset's future potential. Meanwhile, Pepe coin remains largely in the red.

這些向交易所的重大轉移引發了看跌的市場情緒，顯示對該資產未來潛力的信心下降。同時，佩佩幣仍基本處於虧損狀態。

PEPE Coin Undergoes Notable Price Decline and Market Uncertainty

PEPE 幣經歷顯著的價格下跌和市場的不確定性

At the time of writing, Pepe coin (PEPE) has witnessed a 12.03% decrease in value, trading at $0.000008304. The token's price has fluctuated between $0.000007724 and $0.00000963 over the past 24 hours. Over the past week, PEPE has experienced a decline of nearly 33%, erasing gains achieved during this year's bull cycle and transitioning into a bearish trend.

截至撰寫本文時，佩佩幣 (PEPE) 的價值已下跌 12.03%，交易價格為 0.000008304 美元。在過去 24 小時內，該代幣的價格在 0.000007724 美元到 0.00000963 美元之間波動。過去一周，PEPE 下跌近 33%，抹去了今年牛市週期中取得的漲幅，轉入看跌趨勢。

Although this price drop is in line with the broader market trend, Pepe coin had previously enjoyed a substantial surge during the bull cycle, defying overall market sentiment. This recent correction may indicate that the token's long-awaited adjustment has finally taken place.

儘管此次價格下跌符合大盤趨勢，但佩佩幣先前在牛市週期中曾大幅上漲，違背了整體市場情緒。最近的調整可能表明代幣期待已久的調整終於發生了。

Market sentiment regarding Pepe coin's future price movements remains uncertain, as evidenced by technical indicators. The RSI currently stands around 31, indicating that further downward pressure could drive the token into oversold territory, potentially leading to a price rebound.

正如技術指標所證明的那樣，市場對佩佩幣未來價格走勢的情緒仍然不確定。 RSI 目前處於 31 左右，表明進一步的下行壓力可能會推動代幣進入超賣區域，從而可能導致價格反彈。

Please note that this article serves as informational content only and should not be interpreted as legal, tax, investment, financial, or any other type of advice.

請注意，本文僅供參考，不應解釋為法律、稅務、投資、財務或任何其他類型的建議。