PEPE whale frantically buys the bottom, will the price of Pepecoin go to zero to start a crazy rebound?

In the past seven days, the whale spent a total of $3.13 million to buy 420 billion PEPE tokens. The purchase was made in two batches, including a purchase during the sharp price drop on August 5, and another transaction two hours before the report was released.

These purchases have increased the whale's PEPE holdings by $170,000, an increase of 5.4%. In addition, the whale invested $7.05 million to buy 2,978 ETH near the market bottom on August 5.

The returns from this purchase of Ethereum are even higher. The whale has now made $534,000, a gain of 7.58%. This aggressive buying behavior shows that investors have strong confidence in the potential recovery of these assets, especially PEPE.

According to AltFINS analysis, PEPE's technical indicators have mixed performance, but there are still potential bullish momentum signals. The price has recently managed to break above the 200-day moving average, which indicates a strong trend, and has broken through the $0.0000091 resistance level.

If PEPE can successfully break through this resistance level, it may rise further, and may even reach $0.0000113, which is equivalent to a 24% increase.

PEPE is trading at $0.057736 with a daily trading volume of $853,938,921. Although the price has fallen by 10.13% in the past day, PEPE has risen by 13.20% in the past week. This volatility reflects the uncertainty of market conditions, but it also suggests potential opportunities for those willing to take calculated risks. #WBTC #TON #Ripple于诉讼中取得部分胜利 #PEPE创历史新高