Whale’s Massive PEPE Loss Sparks Volatility, Casting Shadows on BTC, SHIB, and XRP
30.03.2025 14:36
A prominent trader using a 10x leveraged long position on PEPE through Hyperliquid is facing an unrealized loss of $3.36 million, prompting concerns of forced liquidations and market turbulence. The trader, who entered the position at $0.0000814, now watches the price dip to around $0.0000720, dangerously close to the liquidation threshold. In response, the whale partially closed approximately 67 million tokens and injected an additional $3.08 million USDC to stave off further losses. This precarious situation has drawn significant attention from the broader cryptocurrency community. Meanwhile, market sentiment is further complicated by a series of other developments: Legendary Trader Brandt has warned that a current Bitcoin pattern could be a trap, adding caution around BTC’s technical outlook. Additionally, Coinbase has experienced an unexpected withdrawal of a massive 174+ billion SHIB tokens, raising questions about liquidity and potential market manipulations. On a different note, veteran trader Peter Brandt has provided a crucial price update for XRP, forecasting a potential major price turn. These disparate events contribute to an atmosphere of uncertainty and volatility across major tokens, with traders and investors watching closely for further signals and potential cascading effects throughout the crypto market.
The large, leveraged position and the subsequent $3.36 million unrealized loss highlight severe pressure on PEPE. The breach of key support levels and the risk of forced liquidations suggest immediate downward pressure and heightened volatility. Over the short term, the market is likely to see intensified sell-offs, though any positive momentum could trigger a rebound over time. The analysis weighs the technical breakdown, forced consolidation of tokens, and the injection of additional funds to delay liquidation, leading to a short-term risk of significant price drops.
Bitcoin's mention comes amid warnings of a potential pattern trap by a legendary trader. Although Bitcoin is traditionally more resilient than altcoins, such caution may induce short-term risk aversion. Historical trends show that pattern warnings typically cause temporary pullbacks; however, Bitcoin's robust fundamentals can mitigate sustained declines, suggesting any negative impact is likely to be transitory.
The reported massive withdrawal from Coinbase has raised liquidity concerns for SHIB. This unusual activity may trigger short-term uncertainty and potential sell pressure. Given SHIB’s history of volatility, such large token movements can exacerbate price swings. The market impact is expected to be negative initially, though long-term effects depend on whether the withdrawal signals deeper structural issues or merely a temporary anomaly.
According to veteran trader Peter Brandt, XRP might be poised for a significant price turn. While this technical signal could spur short-term bullish momentum, it exists in an environment of broader market uncertainty and volatility. If the predicted reversal materializes, XRP could experience an upward push; however, the overall impact will depend on the interplay between technical recovery signals and prevailing market sentiments.
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