PEPE jumps 30% in 48 hours – Traders, more gains ahead IF…
2025-07-11 17:14:00
Main Idea
PEPE's price surged 30% in 48 hours, driven by a crypto whale's large purchase and increased trading activity, with technical analysis suggesting potential further gains.
Key Points
1. A crypto whale bought 228 billion PEPE worth $2.68 million, contributing to a 30% price increase over 48 hours.
2. Exchanges recorded a notable outflow of $9.80 million worth of PEPE, indicating increased buying pressure.
3. PEPE's price rose 15% in 24 hours, accompanied by a 70% surge in trading volume, signaling strong upward momentum.
4. Technical analysis suggests PEPE could rally another 22% if the bullish trend continues, though a correction is possible.
5. Traders have built significant long positions at $0.00001246 ($2.61 million) and short positions at $0.00001296 ($1.65 million).
Description
A crypto whale bought 228 billion PEPE worth $2.68 million.
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