PEPE Jumps 6% as Whales Load Up, Volume Triples to 5.61T Tokens

The meme-inspired cryptocurrency PEPE has recorded a sharp price increase of over 6% within 24 ￰0￱ rally attracted significant trader attention and pushed trading volumes to nearly three times their normal ￰1￱ token's price climbed from $0.000009138 to $0.000009652 at the time of ￰2￱ analysis data shows volatility expanded by more than 7% during the ￰3￱ volume reached 5.61 trillion tokens, substantially exceeding the daily average of 1.89 trillion ￰4￱ price breakthrough pushed PEPE through established resistance ￰5￱ token maintained its position above $0.000009600 by the end of the ￰6￱ participants viewed the sustained price action as a signal of continued buying ￰7￱ Activity Signals Confidence in PEPE Data from blockchain analytics platform Nansen reveals strategic accumulation by large holders preceded the price ￰8￱ top 100 non-exchange Ethereum addresses increased their PEPE holdings by 3.4% over the past 30 ￰9￱ wallets showed contrasting behavior during the same ￰10￱ addresses experienced a 2% decline in PEPE ￰11￱ pattern suggests investors moved tokens from exchanges to private wallets for longer-term ￰12￱ shift in token distribution typically indicates reduced selling ￰13￱ removing assets from exchanges often precedes price ￰14￱ accumulation pattern developed gradually before the recent breakout ￰15￱ holders demonstrating confidence in an asset frequently influence retail trader ￰16￱ whale activity provided support for the token before broader market participation drove the ￰17￱ Levels and Market Structure Current support for PEPE sits near the $0.00000900 ￰18￱ price point represents a key zone where buyers previously entered the ￰19￱ will monitor this level for signs of demand if prices ￰20￱ has formed around the session high of $0.000009681.

Breaking above this level could open the path to further ￰21￱ token showed consolidation patterns toward the end of the ￰22￱ consolidation after a strong move often precedes another directional ￰23￱ analyze these patterns to anticipate potential breakouts or ￰24￱ current structure suggests the market is digesting recent ￰25￱ patterns during the rally indicated genuine buying interest rather than speculative ￰26￱ high volume typically supports continued price ￰27￱ surge exceeded typical daily activity by a significant ￰28￱ Market Shows Growing Interest Open interest in PEPE futures products has climbed ￰29￱ data shows futures open interest now approaches $600 ￰30￱ metric tracks the total value of outstanding futures ￰31￱ open interest alongside price increases confirms growing market ￰32￱ use futures products for both speculation and hedging ￰33￱ expanding futures market indicates institutional and sophisticated retail interest.