PEPE Investors' Shift Drives Volatility, Impacting Price Trajectory

PEPE 投資者的轉變導致波動性，影響價格軌跡

PEPE has faced challenges in its price ascent, experiencing a 4% decline in the last 24 hours and a 6.5% drop in the past week. Increased selling pressure since mid-July has contributed to this trend.

PEPE的價格上漲面臨挑戰，過去24小時下跌4%，過去一週下跌6.5%。自七月中旬以來不斷增加的拋售壓力促成了這一趨勢。

Surge in Short-Term Holders

短期持有者激增

On-chain data from IntoTheBlock reveals a notable increase in short-term PEPE holders over the past 30 days. The 'Balance by Time Held' metric indicates a 31% rise in trader cohort balances, who typically sell within a month. This shift points towards more speculative trading activity.

IntoTheBlock 的鏈上數據顯示，過去 30 天內短期 PEPE 持有者顯著增加。 「按持有時間劃分的餘額」指標表明，交易者群組餘額增加了 31%，這些交易者通常會在一個月內賣出。這種轉變指向更多的投機交易活動。

Decline in Long-Term Holders

長期持有者減少

Conversely, cruiser addresses, holders who sell within one to twelve months, have decreased by 6.24% in the same period. This suggests that long-term holders are contributing to the selling pressure.

相反，巡洋艦地址（即在 1 至 12 個月內出售的持有者）在同一時期減少了 6.24%。這表明長期持有者正在加劇拋售壓力。

Impact on PEPE's Volatility

對 PEPE 波動性的影響

The influx of short-term holders has introduced greater volatility into PEPE's market. As these investors react swiftly to price fluctuations, it creates frequent swings. This volatility has hindered PEPE's ability to maintain a stable upward trajectory.

短期持有者的湧入為PEPE市場帶來了更大的波動。由於這些投資者對價格波動反應迅速，因此會造成頻繁的波動。這種波動性阻礙了 PEPE 維持穩定上漲軌跡的能力。

Current Market Position

目前的市場地位

At the time of writing, PEPE trades at $0.00001135, still 42% above its 2-month low. However, its upward momentum has been tempered by short-term holder activity. PEPE now faces a significant support level at $0.00001133. A breakout above this level could allow PEPE to resume its uptrend towards $0.00002.

截至撰寫本文時，PEPE 交易價格為 0.00001135 美元，仍較 2 個月低點高出 42%。然而，短期持有者活動削弱了其上漲勢頭。 PEPE 現在面臨 0.00001133 美元的重要支撐位。突破該水準可能會讓 PEPE 恢復其上漲趨勢，升至 0.00002 美元。