Over the past 8-9 hours, a major investor (aka a “whale”) has been moving large amounts of PEPE tokens around, sparking speculation about a potential price surge.
The whale transferred 98 million PEPE (about $3,363) across four separate transactions. Previously, this whale had received 249.97 billion PEPE (worth around $2.27 million) from Binance just nine days ago.
Although PEPE’s price dropped 5% in the last 24 hours, these whale moves could signal that a price spike is coming soon. 🚀
Here’s the deal:
This whale buying could suggest increased volatility, as whales tend to move markets in big waves.
Technical indicators show that Bollinger Bands are tightening, which is usually a sign that big price swings are on the horizon.
So, while PEPE is currently in a downtrend, the whale’s actions plus some oversold conditions could be hinting at an upturn soon.
Keep your eyes on this one, but remember—PEPE’s risky business. Only dive in if you're ready for the wild ride! 🎢🐸
Have questions or want to collaborate? Reach us at: info@ath.live