Spike in Whale Activity and Open Interest: Strong Signals of Pepe Coin (PEPE) Rally!

Jakarta, Pintu News – Amidst crypto market uncertainty, Pepe Coin (PEPE) is showing strong indications of a bullish trend reversal. With increased whale activity and a surge in open interest, this meme currency seems set to soar.

Whale in Action: Big Deal Boost

Whale Pepe Coin (PEPE) has significantly increased its activity, with on-chain data showing a massive 73% jump in transactions to $141.81 million in the last 24 hours. This increase comes as the price of Pepe Coin (PEPE) tests the critical flag support area. This increase in large transactions is usually an indicator that large investors are starting to position themselves in anticipation of significant price movements.

This critical support level has shown strong rejection, which is evident from the daily price spike of 4%. If this level continues to hold, there is a high probability that Pepe Coin (PEPE) will experience a bullish reversal, driven by this intensive whale accumulation.

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Open Interest Shows Bullish Sentiment

Open interest, which describes the total number of active futures contracts, has jumped sharply for Pepe Coin (PEPE). This suggests that traders and investors are preparing themselves for a significant price movement. A rise in open interest is often considered an indicator of positive market sentiment, especially when combined with an increase in whale transactions.

This convergence between on-chain interest and technical positioning suggests that the market may not be ignoring these signals. With strong technical support and increasing open interest, Pepe Coin (PEPE) is on the verge of a price reversal that might shake up the market.

Liquidity Cluster Supports Bullish Bias

Positive liquidity data adds to the bullish sentiment towards Pepe Coin (PEPE). The heatmap of this meme currency shows that there is concentrated liquidation in leveraged clusters at higher price levels. This suggests that short positions taken with leverage may be squeezed if the price manages to break to the upside.

These clusters tend to act like magnets, drawing prices towards them as the market seeks liquidity. If this trend continues, Pepe Coin (PEPE) could see a significant price increase, especially if market sentiment continues to improve and attract more buyers into the market.

Conclusion

With all technical and on-chain indicators pointing to bullish potential, Pepe Coin (PEPE) could potentially experience a strong rally. Accumulation by whales, a surge in open interest, and supportive liquidity data all suggest that the right time for a bullish reversal may have arrived. Investors and traders should pay close attention to these dynamics to take advantage of any price movements that may occur.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• AMB Crypto. Pepe: 2 key factors point to a potential rally ahead. Accessed on June 16, 2025
• Featured Image: Generated by AI