Whales Go Wild: 689 Billion PEPE Tokens Bought! Is a Reversal Coming? 🐋💰

Three PEPE whales have been spotted buying a total of 689.79 billion PEPE worth $4.3 million from TornadoCash. Because who doesn’t love a little privacy while splurging? 💸
PEPE is showing signs of a potential rebound, with the TD Sequential indicator flashing a buy signal on the daily chart. It’s like the stock market’s version of a “Get Out of Jail Free” card! 🎲

In a shocking turn of events, three whale wallets—0x7A7D, 0x9212, and 0x7779—decided to throw caution to the wind and buy a whopping 689.79 billion PEPE tokens for $4.3 million. TornadoCash funded this little shopping spree, because nothing says “I’m serious” like a little anonymity! 🕵️‍♂️

Wallet 0x7A7D went big, dropping $2.72 million (1,413.4 WETH) for 437.7 billion PEPE. Meanwhile, 0x9212 casually tossed in $1 million for 158.58 billion PEPE, and 0x7779 rounded it out with 93.51 billion PEPE for a mere $574,000. Just your average Tuesday, right? 😏

And let’s not forget the “Settle” transactions of the Cow Protocol Settlement Contract, which swung PEPE’s value from a sad loss of $106,540 to a triumphant gain of $556,042. Talk about a glow-up! 🌟

These monumental buys scream confidence! The whales are basically saying, “We believe in PEPE’s potential to rebound!” It’s like they’re the cheerleaders of the crypto world, pom-poms and all! 📣

As the price rebounds, this dynamic duo of wallets could create a positive momentum that attracts more investors. It’s like a party, and everyone wants to join in on the fun! 🎉

PEPE’s price action and number of large transactions

Looking at the TD Sequential indicator, it triggered a buy on the daily chart, which is a potential reversal sign. The daily close at $0.00000597 was +4.74% higher. It’s like PEPE just got a new haircut and is feeling fabulous! 💁‍♀️

The $0.00000525 low is a sign of price exhaustion, and together they add weight to the reversal thesis. If the bulls enter, this memecoin could jump to $0.00000620, with a breakout pending at $0.00000640–$0.00000660. It’s like a rollercoaster ride, and we’re all strapped in! 🎢

But hold your horses! A rejection here could lead to consolidation between $0.00000540 and $0.00000580. A breakdown of $0.00000525 will negate the buy signal, sending us spiraling down to $0.00000495. Yikes! 😱

Volume and momentum indicators could signal traders the power of this setup. But let’s be real, large PEPE trades have been trending flat since February 2025, like a pancake that forgot to rise. 🥞

The recent 7-day high of 304 trades is low activity, and the recent 7-day low of 122 trades was a slowdown. As transactions by volume rise, more whale activity can drive PEPE above $0.00000060. Fingers crossed! 🤞

Inactivity or falling below 200 transactions can limit price action to hold PEPE at $0.00000068 or lower. A sudden drop in transactions can drive prices to $0.00000060, a bearish demand signal. It’s like the market is playing hard to get! 😒

Reversal is still susceptible to new interest from the large holders. So

2025-03-13 06:19

PEPE’s price action and number of large transactions

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