7,760,000,000,000 PEPE In 24 Hours, Whales Defying Bearish Trend

Key Points

1. PEPE large transactions surged by 45% in 24 hours, with whales moving 7,760,000,000,000 PEPE tokens worth approximately $86.9 million.

2. A notable whale transferred 531.5 billion PEPE tokens ($5.06 million) to Binance amid price volatility, with PEPE trading at $0.00001121, down 5.7%.

3. The broader crypto market is experiencing a dip, with Bitcoin dropping to $117,788 and other altcoins like Ethereum, XRP, and Solana also declining.

4. PEPE recently lost significant value, dropping to $0.0000092, with the next major support level at $0.00000758, mirroring a broader market sell-off in June.

5. Despite the bearish trend, whale activity in PEPE remains high, indicating continued interest or strategic moves by large holders.