Analyst Links PEPE's 12.33% Drop to 7.77 Trillion-Token Sale

PEPE dropped 12.33% after a 7.77 trillion-token sale, according to an analyst. The tokens were exchanged for 14,049 ETH worth over $31.9 million. A separate PEPE position's unrealized profit narrowed to $4.45 million. The large sale likely triggered selling pressure, contributing to the sharp decline in PEPE's price.