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Crypto Sister

06/15 06:58

Whale activity surges as PEPE tests a key flag sup

Whale activity surges as PEPE tests a key flag support, hinting at a potential bullish reversal.Kelvin-_43_-1200x675.webp
  • PEPE whale activity jumped 73% to $141.81 millions in 24 hours.
  • Liquidity clusters and rising Open Interest hint at a potential price rebound.

Pepe [PEPE] whales are becoming more active, with on-chain data showing a massive 73% surge in large transactions to $141.81 million over the past 24 hours.

This big spike in large transactions comes at the time when the memecoin’s price is testing a critical flag area of support.

In general, such trends point to a potential continuation or reversal, and PEPE’s recent whale activity could be tipping the tables towards the latter.

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