$PEPE faces 800 billion tokens selling pressure from only one address, here's what it's about
So far, the mysterious seller has accumulated 117 ETH from their token sales, with an average selling price of $0.0000002744 per PEPE.
The fact that this whale has been systematically offloading their tokens has fueled speculations that they could be a developer or someone closely associated with the project. In the past, we have seen instances where developers or insiders have dumped significant portions of tokens on the market, either to cash out or to manipulate the token's price. The timing and strategic nature of the sales in this case suggest that the seller might have intimate knowledge of the token's
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