Pepe (PEPE) Price Slumps over 11% amid Whale Activity

鯨魚活動導致 Pepe (PEPE) 價格下跌超過 11%

Amid a 2% decline in the overall cryptocurrency market cap, the meme coin Pepe (PEPE) has experienced a significant correction over the past 24 hours. Crypto oracles indicate a price drop of more than 20% within the last three days, hovering around $0.0000135 as of Thursday's midday London time.

在加密貨幣整體市值下跌 2% 的情況下，迷因幣 Pepe (PEPE) 在過去 24 小時內經歷了大幅調整。加密貨幣預言機顯示，截至倫敦時間週四中午，價格在過去三天內下跌了 20% 以上，徘徊在 0.0000135 美元左右。

Despite its mid-cap status, Pepe boasts a fully diluted valuation of $5.6 billion and a robust daily trade volume of approximately $1.5 billion, retaining popularity among investors. Year-to-date (YTD), Pepe has surged by over 1,000%, with ample liquidity across various exchanges and DeFi platforms.

儘管處於中型股地位，Pepe 的完全攤薄後估值高達 56 億美元，每日交易量約為 15 億美元，保持投資者的青睞。今年迄今（YTD），Pepe 已飆升超過 1,000%，各個交易所和 DeFi 平台的流動性充足。

Whale Sell-Off Impacts Pepe

鯨魚拋售影響佩佩

Recently, whales holding substantial Pepe positions have engaged in profit-taking, coinciding with a broader market pullback and overshadowing Pepe's outperformance against Bitcoin and other altcoins in recent months. Early investors are also diversifying their gains into other promising meme coins, acknowledging the early stage of the crypto bull run.

最近，持有大量 Pepe 頭寸的鯨魚進行了獲利了結，恰逢更廣泛的市場回調，並掩蓋了 Pepe 近幾個月相對於比特幣和其他山寨幣的優異表現。早期投資者也將收益分散到其他有前途的迷因幣上，承認加密貨幣牛市的早期階段。

On-chain data analysis by Lookonchain reveals that a whale investor transferred 660 billion Pepe (equivalent to $9.52 million) to Binance, yielding a profit of approximately 52%.

Lookonchain 的鏈上數據分析顯示，一位鯨魚投資者向幣安轉移了 6,600 億 Pepe（相當於 952 萬美元），利潤約為 52%。

Technical Analysis and Future Prospects

技術分析及未來展望

From a technical perspective, Pepe's price faces potential further declines if Bitcoin bulls fail to maintain support near $67k. The weekly Relative Strength Index (RSI) for Pepe has fallen below 70, signaling a waning bullish sentiment.

從技術角度來看，如果比特幣多頭未能維持在 6.7 萬美元附近的支撐位，Pepe 的價格可能會進一步下跌。佩佩的每週相對強弱指數 (RSI) 已跌破 70，顯示看漲情緒減弱。

Should support hold, however, Pepe has the potential to rally towards new record highs.

然而，如果支撐位保持不變，佩佩有可能反彈至新的歷史高點。