Exchange deposits and withdrawals of PEPE on eth in the latest 7 days
The graph below displays the deposit and withdrawal data for the Pepe token on the Ethereum chain.
Exchange deposit and withdrawal statistics can indicate traders feelings towards a specific token. A higher number of withdrawals may indicate long-term holding, while more deposits could suggest an intention to sell. It is crucial to compare this with other metrics to confirm the relationship between trend and sentiment.
In the previous week, there was a net outflow of 6,818,551,813,560.82 PEPE, valued at $54,843,822.34, from exchanges. This may indicate that investors are relatively bullish on the token, choosing to purchase and transfer it to their wallets for safekeeping. The average withdrawal price for PEPE was $0.000008, which may reflect some investors holding costs.
