Contrary to the recent market movement, the Pepe coin price witnessed a notable outflow this week. The supply pressure from its previous all-time high resistance of $0.0000108 tumbled the asset by 18.8% to trade at $0.00000943. With Bitcoin hovering around $67000, the PEPE price wavers at a pivotal juncture, poised to either resume its prevailing rally or enter a new correction.

與近期的市場走勢相反，佩佩幣價格本週出現了明顯的流出。先前歷史最高阻力位 0.0000108 美元的供應壓力導致該資產下跌 18.8%，交易價格為 0.00000943 美元。隨著比特幣徘徊在 67,000 美元左右，PEPE 價格在關鍵時刻搖擺不定，要么恢復當前的漲勢，要么進入新的調整。

Whale Activity Contributes to PEPE Price Drop

鯨魚活動導致 PEPE 價格下跌

Pepe Coin Price| Tradingview

佩佩幣價格|交易視圖

The Pepe coin price has witnessed a steady recovery since last month, bolstered by an ascending trendline on daily charts. This dynamic support uplifted the asset value from $0.00000393 to a new all-time high of $0.0000161, registering a remarkable 195% growth. However, the overhead resistance at $0.0000108 prevented a daily candle closing and sent the PEPE price tumbling back to $0.00000925.

自上個月以來，在日線圖上上升趨勢線的支撐下，佩佩幣價格穩步回升。這種動態支撐將資產價值從 0.00000393 美元提升至 0.0000161 美元的歷史新高，實現了 195% 的驚人增長。然而，上方阻力位 0.0000108 美元阻止了每日蠟燭收盤，並使 PEPE 價格跌回 0.00000925 美元。

According to on-chain data tracker Spot On Chain, a recent transaction by a PEPE whale has significantly impacted the token's price. Thirteen hours ago, a multisignature wallet identified as 0x1a2 deposited 457.9 billion PEPE tokens, worth approximately $4.54 million, to Binance. This move, interpreted as a stop-loss measure, contributed to a 6% price drop in PEPE.

根據鏈上數據追蹤器 Spot On Chain 的數據，PEPE 鯨魚最近的一筆交易對該代幣的價格產生了重大影響。 13 小時前，一個名為 0x1a2 的多重簽名錢包向幣安存入了 4579 億個 PEPE 代幣，價值約 454 萬美元。這項被解釋為停損措施的措施導致 PEPE 價格下跌 6%。