🚨 PEPE suddenly surges 25%!
Big whales are mass accumulating—where is the next target?
Group:
点击进入玖玖的粉丝群🐸 After a period of silence, PEPE suddenly sees a strong rebound.
Data shows that PEPE recently climbed more than 25% at one point, with its market cap bouncing back to about $1.19 billion, and it remains among the top meme coins. Even more noteworthy is that behind this rally, it doesn’t seem to be just short-term capital pushing prices—changes in big investors’ wallets and data from the futures market are also sending clear signals.
🐋 First up: the whales’ moves.
PEPE reserves on exchanges have fallen from about 827.5 trillion tokens to 813.0 trillion, while holdings in large non-exchange wallets have increased to 840.4 trillion. In simple terms, more and more PEPE is leaving exchanges and moving into large wallets.
📈 Another signal worth watching comes from the futures market.
Open interest for PEPE perpetual contracts has risen from about $209 million to $250 million, hitting a new three-month high. Funding rates remain positive, which also indicates that overall market sentiment is currently clearly tilted toward the long side.
Over the past period, the flow of capital in the derivatives market has also reversed—from earlier outflows gradually turning into inflows. This suggests that PEPE’s current upswing is not just a sudden lift in spot prices; participation from the futures market is also heating up rapidly.
However, one thing to watch out for ⚠️
A rapid increase in open contracts indicates rising market heat, but if the price later drops sharply, it could trigger liquidation cascades for leveraged positions. So whether PEPE can keep strengthening will ultimately depend on whether spot buying demand can continue.
🔍 From a technical structure perspective, PEPE has already broken through a key prior resistance zone. The next area the market is watching is around the 200-day moving average. If it can further hold above that level, the market may continue testing higher regions. But if this rally is driven only by short-term sentiment and spot buying can’t be sustained, then the breakout level from before could become a crucial test again.
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#pepe #MEME