PEPE price prediction: Can whale activity spark a reversal? Whale activity on PEPE signaled potential market reversal, despite recent price decline.
Network growth slowdown and technical indicators suggested a cautious outlook for further price movement.
A major whale activity in the Pepe [PEPE] market has recently caught attention, with 427 billion PEPE ($8.5M) deposited into Kraken over the past 30 hours, causing noticeable market movement.
With 1 trillion PEPE ($18.4M) in total holdings, the whale has made notable profits, including a $2M gain from its latest position.
In the past, it made $11.7M on PEPE, highlighting its belief in the token’s potential.