Ethereum News Update: Individual Investors and Large Holders Face Off While Meme Coins Tackle a Turbulent 2025 Surge

The meme coin sector has seen renewed momentum in 2025, drawing attention from both individual and institutional investors to tokens such as SPX6900,

(PENGU), and the mysterious MoonBull as possible breakout candidates under $1. Although MoonBull has not been directly discussed in recent reports, SPX6900 and Pudgy Penguins have exhibited differing trends, highlighting significant changes in on-chain activity and overall market mood, as outlined in a .

According to the Coinotag report, SPX6900 jumped 13.61% over the past day, reaching $1.16 as trading volume soared 172% to $42 million. Retail traders have returned, with buying activity surpassing selling by 500,000 tokens, indicating fresh accumulation, as noted in an

. The report also highlights a surge in derivatives trading, with futures volume up 124% to $146.67 million and open interest rising 22% to $63.89 million. However, large holders present a short-term threat: major wallets offloaded 1.4 million tokens, driving exchange inflows to $257K as profit-taking increased, AmbCrypto observed. Experts warn that while the $1.30 resistance is within reach, a drop to $1.06 remains a significant risk if whales continue to sell, according to Coinotag.

Pudgy Penguins, listed as PENGU, has entered a notable accumulation period, with blockchain data revealing 2.8 million tokens acquired over nine days, as per a

. The price has stabilized around the $0.019–$0.020 support zone, and technical analysis points to a possible 30% rally to $0.027 if the trendline is breached, the CryptoNewsLand report states. With a market capitalization of $1.28 billion, the token has formed a rounded base pattern, reminiscent of pre-bull run setups from previous cycles, according to CryptoNewsLand. Meanwhile, NFT sales for Pudgy Penguins have dropped 76% week-over-week to $3.8 million, reflecting weakness in the broader NFT market, as reported by . Nonetheless, strong holder loyalty and Ethereum’s recovery to $3,900 have fueled optimism for PENGU’s future, CryptoNewsLand concludes.

Although MoonBull (MOONBULL) is mentioned in the headline, recent reports provide no direct analysis, leaving its fundamentals unclear. This lack of coverage highlights the speculative aspect of meme coins, where community hype often outpaces institutional research. In comparison, SPX6900 and Pudgy Penguins are supported by more transparent on-chain data and retail participation, though large holder activity continues to cause price swings, as noted by Coinotag and CryptoNewsLand.

The rise of SPX6900 coincides with a broader crypto market rebound, as

(SOL) approaches $200 and (ETH) climbs back above $3,900, according to a . At the same time, Pudgy Penguins’ dependence on Ethereum’s NFT infrastructure exposes its vulnerability, with total NFT sales dropping 42% to $93 million in recent weeks, as reported by Crypto.news. Analysts stress that while meme coins can benefit from retail excitement, their long-term viability depends on overcoming regulatory challenges and broader economic pressures, a point emphasized in earlier analyses.