Large whales are accumulating: According to Bravenewcoin, after a technical breakout, whale wallets have been buying in bulk. A single whale is said to have accumulated 154B PEPE (equivalent to about $1.7M), with a profit close to 196%.
This accumulation coincides with a price surge of ~7%, currently positioned between $0.0000105 and $0.0000114 as a solid base.
Moreover, a recent deposit of 1 trillion PEPE on Binance suggested ongoing whale buying activity that pushed the price up approximately 1.5% in a single day.
These movements indicate institutional/whale interest and a potential short-term technical rebound in the current environment.
