PEPE has seen a large accumulation by whales, including a recent withdrawal of 1.51 trillion PEPE worth 15.95 million
The large accumulation by whales indicates strong interest from investors, which contrasts with recent negative cash flow indicators that suggest selling pressure.
2. Technical Signals: The Relative Strength Index (RSI) for PEPE is severely oversold on a 6-period frame, indicating a potential price rebound, although the MACD is negative and the price is trading below the main exponential moving averages (EMAs), suggesting a short-term downtrend.
