Pepe Coin Whale 向币安转移 500 万美元，标志着市场调整准备工作

某鲸鱼最近将 2546.5 亿枚 Pepe 币（约合 515 万美元）转移到币安，从而增加了其质押头寸。

A whale recently moved 254.65 billion Pepe coin (roughly $5.15 million) to Binance, generating a $4.81 million profit in 13 hours.

最近，一头鲸鱼将 2546.5 亿枚 Pepe 币（约合 515 万美元）转移到币安，在 13 小时内创造了 481 万美元的利润。

This large deposit and quick profit could indicate preparations for a broader market correction after the coin's substantial price rally.

如此大的存款和快速的利润可能表明在代币价格大幅上涨后，准备进行更广泛的市场调整。

The whale now holds approximately 430 billion PEPE, valued at $8.13 million with an unrealized profit of $7.74 million, representing a 13x return.

目前鲸鱼持有约4300亿个PEPE，价值813万美元，未实现利润774万美元，相当于13倍回报。

In these volatile markets, the price direction is largely influenced by the actions of large holders, and this level of profit-taking is not uncommon.

在这些动荡的市场中，价格走向很大程度上受到大户行为的影响，这种程度的获利了结并不罕见。

With the coin's incredible 100% price appreciation over the past month, the whale's massive pepe coin transfer to an exchange may suggest an intention to sell.

随着该币在过去一个月令人难以置信的 100% 升值，鲸鱼将大量佩佩币转移到交易所可能表明其有意出售。

Pepe Coin Technical Analysis (13-min Chart)

Pepe Coin 技术分析（13 分钟图表）

Meanwhile, a PEPE/USDT price chart is displayed below the price movements, represented by buying pressure as green candles and selling pressure as red candles.

同时，PEPE/USDT 价格图表显示在价格变动下方，以绿色蜡烛表示买压，以红色蜡烛表示卖压。

The coin's price is currently positioned below the 50-SMA, indicating a bearish short-term picture. It is also trading below the 100-SMA, suggesting a bearish outlook that continues in the near and medium terms.

该代币的价格目前位于 50 移动平均线下方，表明短期前景看跌。其交易价格也低于 100 移动平均线，表明短期和中期看跌前景持续。

Additionally, the pepe coin price has been trading below the 200-SMA for the duration of the chart, suggesting an extended bearish outlook.

此外，在图表期间，佩佩币价格一直低于 200 移动平均线，表明看跌前景持续。

The first of these is seen around the 0.00001990 level, which has seen several attempts by price-makers to break through but has faced strong rejection.

第一个出现在 0.00001990 水平附近，价格制定者曾多次尝试突破该水平，但遭到强烈拒绝。

A support level is seen around 0.00001850, where the price has rebounded after showing a downtrend movement.

支撑位位于 0.00001850 附近，价格在呈现下降趋势后反弹。

ADX Showing Bearish Outlook (13-min Chart)

ADX 显示看跌前景（13 分钟图）

An ADX (Average Directional Index) chart, on the other hand, is plotted at the bottom of the chart. Its value is currently at 30.22, which is marked on the chart as a red line.

另一方面，ADX（平均方向指数）图表绘制在图表底部。目前其值为 30.22，在图表上标记为红线。

ADX values above 25 indicate a strong trend. In this case, a descending trend is bearish, which the ADX supports.

ADX 值高于 25 表明趋势强劲。在这种情况下，下降趋势是看跌的，ADX 支持这一点。

The overall outlook is projecting a bearish picture, with the price magnitude observed to be continuously trading below all moving averages and a high ADX.

整体前景呈现看跌前景，观察到价格幅度持续低于所有移动平均线且 ADX 较高。

Several attempts to break through the resistance level are seen, but no breakout has occurred, indicating a strong bearish force in the pepe coin.

多次尝试突破阻力位，但没有发生突破，表明佩佩币存在强大的看跌力量。

A breakdown from the 0.00001990 resistance level could suggest a reversal, while the price continuing below the 0.00001850 support level could lead to further declines.

突破 0.00001990 阻力位可能意味着反转，而价格继续低于 0.00001850 支撑位可能会导致进一步下跌。

Finally, the whale's portfolio extends beyond meme coins. At the moment, the investor's assets include 3.96 million $DOGE (realized profit of $1.5 million (15x)) and 2.5 million $LDO, generating a (realized) loss of $432K (9.5%).

最后，鲸鱼的投资组合不仅仅局限于模因币。目前，投资者的资产包括 396 万美元 DOGE（已实现利润 150 万美元（15 倍））和 250 万美元 LDO，产生（已实现）损失 43.2 万美元 (9.5%)。

The only highlight is the investor noting $LDO as “the strongest ETH beta thus far,” which shows the investor is approaching high-risk and potentially high-return meme coin investments as well as other altcoins within meme coins, introducing varying risk-return parameters.

唯一的亮点是投资者将 $LDO 称为“迄今为止最强的 ETH beta”，这表明投资者正在接近高风险和潜在高回报的 meme 币投资以及 meme 币中的其他山寨币，从而引入不同的风险回报参数。

Is Now the Time to Sell?

现在是卖出的时候吗？

The actions also bring to light another key aspect of crypto investment, which is managing and assessing risk on portfolios.

这些行动还揭示了加密货币投资的另一个关键方面，即管理和评估投资组合的风险。

The whale is seen to be spreading investments across multiple asset classes, utilizing the market movement across segments to cushion losses and ride gains in a highly unpredictable market.

人们认为，鲸鱼正在将投资分散到多个资产类别，利用跨细分市场的市场走势来缓冲损失并在高度不可预测的市场中获得收益。

For retail investors observing whale movements such as these, the big question remains: is it time to sell Pepe coin? A sell-off by the biggest holder could bring price adjustments as such a big price rally is in question.

对于观察此类鲸鱼走势的散户投资者来说，最大的问题仍然是：现在是出售佩佩币的时候了吗？由于价格大幅上涨存在疑问，最大持有者的抛售可能会带来价格调整。

But selling it should not be a decision taken lightly. A truly useful decision-making tool should rely on a complete analysis of market trends, personal investment goals, and of all things risk tolerance levels.

但出售它不应该是一个轻易做出的决定。真正有用的决策工具应该依赖于对市场趋势、个人投资目标以及所有风险承受水平的完整分析。