Recent blockchain data reveals that a single whale address, identified as “0x8f5,” has withdrawn 280 billion PEPE tokens, valued at approximately $5 million, from the Binance cryptocurrency exchange.
A whale address has withdrawn 280 billion PEPE tokens from Binance.
This comes as PEPE's market activity shows increased participation from both small-scale and institutional traders, with the token’s active wallet addresses rising by 15%.
The futures market also saw momentum, with Open Interest climbing 18% over 48 hours, and long positions accounting for 62% of total Open Interest.
Meanwhile, the token's market value to realized value (MVRV) data showed disparities, with long-term holders experiencing a 12% return and short-term holders facing an 8% loss.
Finally, PEPE's technical analysis revealed the token trading at a critical price point, with $0.0000019 serving as a key support level and traders identifying $0.0000015 as the next potential support zone.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
