๐Ÿ’ฐPepe Coin Whale Nabs 8x Profit As Price Sustains Momentum To New ATH

Pepe Coin has defied market expectations with an impressive surge, rallying nearly 38% in the past seven days and reaching a new all-time high (ATH) of $0.00001116. This sustained upward momentum has injected optimism into the market.

๐Ÿณ Whale Profits Amidst PEPE's Rally

Despite common narratives about early buyers benefiting most, a notable whale address, 0xe7d0, has accumulated significant profits totaling $13.9 million in just three months. The whale's strategic trades involved buying and selling PEPE, ultimately resulting in substantial gains amidst the coin's recent pump.

๐Ÿ’ธ Current Market Statistics

Pepe Coin's price surged by 9.92% in the past 24 hours, reaching $0.00001099, with a substantial trading volume increase of 91.82% to $3.81 billion. Open interest (OI) and derivatives volume also saw notable spikes, reflecting heightened trading activity and investor interest.

๐Ÿ“ˆ Market Sentiments and Potential Correction

Despite the bullish trend, caution is advised as the Relative Strength Index (RSI) has entered overbought territory at 75, signaling a potential correction or reversal in prices. Nonetheless, Pepe Coin continues to show strong market trends amid increased trading activity.