A major player in the market has sold an astounding 74.07 billion tokens of the PEPE meme coin, triggering a 2.56% drop in its value. The whale exchanged these tokens for EIGEN, totaling approximately $200,000 in the deal. This transaction reflects the ongoing risks and volatility within the meme coin market. Traders are on edge as such actions can create significant price shifts. Following the sale, many investors are reevaluating their positions in PEPE. The shifting dynamics highlight the need for caution when investing in volatile assets. Market watchers are keen to see how this move will influence PEPE’s trajectory and the broader meme coin landscape.