PEPE Surges 0.97% as Whales Accumulate 2 Trillion Tokens

Pepe's latest price was $0.00001389, up 0.97% in the last 24 hours. A massive transfer of 2 trillion PEPE tokens was executed from Bybit to an unknown wallet, raising speculation about potential accumulation by a large holder rather than preparation for a sell-off. This move aligns with rising market participation and bullish sentiments across the broader PEPE ecosystem. Whale actions often foreshadow key trend shifts, and with this move occurring during a short-term price rally, it may hint at strategic long-term positioning rather than distribution pressure.

Retail interest in PEPE has also been on the rise, as indicated by a surge in on-chain address activity. Over the past week, new addresses increased by 17.92% while active addresses rose by 8.05%. This uptick in participation suggests growing retail confidence and broadening user adoption. Although zero-balance addresses also saw a modest increase, the overall growth in address activity reflects renewed market enthusiasm. The recent whale transaction, combined with the rising retail interest, indicates that both institutional and retail participants are showing interest in PEPE’s ongoing market performance.

Transaction size analysis has revealed a broad-based uptick across all tiers, with especially sharp growth in mid-to-large categories. Transactions in the $10k–$100k and $100k–$1M ranges increased by 138.92% and 160.16%, respectively. Additionally, $1M–$10M transactions soared by a staggering 2300%, reinforcing the presence of whales and high-conviction players. Unlike retail spikes, large-volume activity tends to reflect informed positions, suggesting that experienced players may be anticipating further upside in price action.

PEPE has been consolidating near key Fibonacci levels with strong bullish directional strength. The token is trading near the 0.382 Fibonacci retracement level, which has been acting as near-term support. The directional movement index (DMI) shows an ADX reading above 45, indicating a strong trend, with the +DI line above the -DI line, reinforcing bullish control. With resistance now sitting at the 0.0 Fib level, a breakout from this range could trigger the next leg up. As long as the support holds, the bulls will technically remain in command.

PEPE bulls appear to be well-positioned to flip the $0.000014-level into support and push higher. The confluence of whale accumulation, rising transaction volumes, strong DMI trend strength, and aggressive short liquidations favors upside continuation. Furthermore, consolidation above the 0.382 Fib level would lend technical support to this thesis. While the resistance near the 0.0 Fib level could cap the price briefly, clearing this threshold would likely trigger a wave of short stops, enabling PEPE to chart a fresh local high.

James Wynn, a prominent investor in the meme coin market, recently sold his entire PEPE holdings, realizing a profit of $25.19 million. This move highlights the significant gains that can be achieved in the meme coin market. Wynn initially invested $7,000 in PEPE in 2023 and successfully increased the total value to $25 million. In the 2025 transaction, he further realized an additional profit of $25.19 million. Throughout his trading activities, Wynn utilized up to 26 wallet addresses to manage his transactions, demonstrating a strategic approach to maximizing his returns in the volatile meme coin market.