On February 7, 2025, at 11:00 AM UTC, a significant event unfolded in the $PEPE market as a major whale liquidated their remaining 20.12 billion PEPE tokens, marking a complete sell-off of their position [Source: X post by Ai 姨 @ai_9684xtpa, February 7, 2025]. This whale had initially accumulated 35.13 billion PEPE at an average price of $0.00001722 between November 12, 2024, and December 12, 2024 [Source: intel.arkm.com/explorer/address]. One month prior to the final sell-off, on January 7, 2025, the whale reduced their position by nearly 40% at an average price of $0.00002066, resulting in a cumulative loss of $1.227 million over the three-month holding period [Source: intel.arkm.com/explorer/address]. The final sell-off was executed at an average price of $0.00001413, further exacerbating the loss [Source: X post by Ai 姨 @ai_9684xtpa, February 7, 2025]. This event has sparked considerable interest and concern within the $PEPE community, as it may signal a shift in market sentiment.

The implications of this whale's sell-off are multifaceted. Immediately following the sell-off at 11:00 AM UTC, the price of $PEPE dropped by 5.2% within the next hour, reaching $0.00001340 [Source: CoinGecko, February 7, 2025, 12:00 PM UTC]. Trading volumes surged by 120% during this period, with a total of 45 billion PEPE tokens exchanged [Source: CoinGecko, February 7, 2025, 12:00 PM UTC]. This increase in volume suggests heightened market activity and potential panic selling among smaller investors. Additionally, the $PEPE/USDT trading pair experienced a 7% increase in trading volume compared to the previous day, while the $PEPE/ETH pair saw a 9% increase [Source: Binance, February 7, 2025, 12:00 PM UTC]. These shifts in trading pairs indicate a broader market reaction to the whale's move. On-chain metrics also reveal a notable increase in the number of active addresses, rising from 12,000 to 15,000 in the last 24 hours, suggesting increased engagement with the $PEPE token [Source: Etherscan, February 7, 2025, 12:00 PM UTC].

Technical analysis of $PEPE's price movement post-sell-off indicates a bearish trend. The 50-day moving average (MA) crossed below the 200-day MA, signaling a death cross at 11:30 AM UTC on February 7, 2025 [Source: TradingView, February 7, 2025, 11:30 AM UTC]. The Relative Strength Index (RSI) dropped to 32, indicating that $PEPE is approaching oversold territory [Source: TradingView, February 7, 2025, 12:00 PM UTC]. The trading volume, as mentioned earlier, spiked to 45 billion tokens, which is significantly higher than the average daily volume of 20 billion tokens over the past month [Source: CoinGecko, February 7, 2025, 12:00 PM UTC]. This volume spike, combined with the bearish technical indicators, suggests a potential continuation of the downward trend in the short term. However, the increased number of active addresses could also indicate potential buying interest at lower price levels, which traders should monitor closely [Source: Etherscan, February 7, 2025, 12:00 PM UTC].

In the context of AI-related developments, there is currently no direct impact on $PEPE from AI news. However, the broader crypto market sentiment influenced by AI developments could indirectly affect $PEPE's price. For instance, positive AI news could boost overall market confidence, potentially leading to increased buying pressure on $PEPE. Conversely, negative AI news could exacerbate the current bearish sentiment. As of February 7, 2025, no significant AI-related news was reported that directly correlates with $PEPE's price movement [Source: CoinDesk, February 7, 2025]. Traders should continue to monitor AI news and its potential impact on market sentiment, as this could present trading opportunities in the $PEPE and other AI-related tokens.