Derived from CoinRepublic, Pepe Coin's price surged 14% in the last 24 hours, but large buyers and top traders did not support the rally. Whale wallets and the top 100 holders did not add to their PEPE holdings, while smart-money groups remained neutral. The derivatives market also showed weakness, with whales reducing long positions by 7.34% and top traders cutting theirs by 26%. Technical indicators like RSI suggest a hidden bearish divergence, signaling potential for a continued downtrend. Pepe must stay above $0.000005047 to maintain strength, but a drop below this level could trigger a sharp pullback.
Pepe Coin Price Rises 14% but Whales and Top Traders Remain Bearish
The Coin RepublicShare
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