“The Price Jump Comes Amid Growing Whale Acccumulation, with Top 100 Pepe Addresses on Ethereum Adding 4.28% to Their Holdings in 30 Days.”, – WRITE: www.coindesk.com
The PRICE JUMPED FROM $ 0.00000969 to A HIGH of $ 0.00001027, WitH Trading Volumes Crossing 314 Billion Tokens Dringing A Rapid Price Move in The Final Hour of Trading Model.
Trading Activity in the $ 0.00001000 to $ 0.00001003 Range Created a Tempoury Floor, with Resistance Forming Near $ 0.00001007. This Kind of Technical Setup Typically Signals Accompumulation, A Sign Investors Are Building Positions Racher Than Flipping for Quick Profits.
Pepe’s Move Also OutperForms the Wider Cryptocurrency Market, AS Measured by the Coindesk 20 (CD20) Index, Which Rose 1.8% in the Past 24 Hours.
The Rise Appears to Also Be Linked to Growing Whle Acccumulation. Data from Nansen Shows that Top 100 pepe Addresses on the Ethereum Network Have Adeded 4.28% to Their Holdings Over The Last 30 Days, WHILE EXCHANGES HAVE SEEN 2.15 PEPE HOLDINGS
Open Interest for Pepe Futures Products Has Meanwhile Kept on Rising to Now Stand Near the $ 645 Million Market Accounting To Coinglass Data.
Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Ensure Accucy and Adhesion to Our Standards. For more information, See Coindesk’s Full Ai Policy.
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