The PEPE price may respond to whale buying 🚨

هديه حوت عملهPEPEللحصول اضغط هدية claim 🔥🔥🔶🎉🔥🤑

According to data from Lookonchain, a dormant whale has come back to life after two years. Upon waking up, the whale created a new wallet from which it withdrew a total of 1.79 trillion PEPE from the Binance exchange.

This is valued at over 22 million dollars, and this action has placed the token in a position suffering from a liquidity shortage in the open market. According to the whale's wallet analysis, there was no previous exposure to the frog-themed meme coin, which enhances speculation about the sudden acquisition.

PEPE whale transactions have significantly increased over the past week as the token showed the biggest sign of explosion. The current price of PEPE does not yet reflect this reality. At the time of writing, the token was trading at $0.00001246, down 8.64% over the past 24 hours.

Daily PEPE/USDT charts indicate sustained volatility for the meme coin in the future. With a Relative Strength Index (RSI) of 63.23, the token is very close to an overbought level.

The expansion in Bollinger Bands is the largest recorded since at least January 31. With this setup, volatility still plays a role and could determine the token's direction or hinder it.