PEPE Whale Dumps 330 Billion Tokens, Signaling Market Correction

PEPE Whale拋售3,300億代幣，標誌著市場調整

Pepe (PEPE), the third-largest meme coin, has garnered significant attention due to recent whale dumps. On August 30, 2024, a PEPE whale transferred over 330 billion tokens (worth $2.53 million) to the Kraken exchange, incurring a loss of $3.13 million, as reported by Lookonchain.

佩佩（PEPE）是第三大模因幣，由於最近的鯨魚傾倒事件而引起了廣泛關注。根據 Lookonchain 報導，2024 年 8 月 30 日，一隻 PEPE 鯨魚向 Kraken 交易所轉移了超過 3300 億枚代幣（價值 253 萬美元），造成了 313 萬美元的損失。

Whale Activity and Market Sentiment

鯨魚活動與市場情緒

Despite the dump, the whale still holds 1 trillion PEPE tokens (worth $7.57 million). Notably, the whale had purchased 828.64 billion PEPE tokens ($6.18 million) on August 18, 2024.

儘管拋售，鯨魚仍然持有 1 兆個 PEPE 代幣（價值 757 萬美元）。值得注意的是，鯨魚於 2024 年 8 月 18 日購買了 8,286.4 億個 PEPE 代幣（618 萬美元）。

This significant sell-off has triggered bearish market sentiment, indicating a potential correction ahead.

此次大幅拋售引發了看跌的市場情緒，顯示未來可能會出現調整。

Price Prediction

價格預測

Technical analysis suggests that PEPE is approaching a critical support level of $0.000007. The token is trading below its 200 Exponential Moving Average, indicating a downtrend. However, its Relative Strength Index is oversold, potentially signaling a price recovery soon.

技術分析表明，PEPE 正在接近 0.000007 美元的關鍵支撐位。該代幣的交易價格低於 200 指數移動平均線，顯示呈下降趨勢。然而，其相對強度指數超賣，可能預示著價格很快就會復甦。

Based on historical data, PEPE could potentially surge 22% to $0.00000938. Conversely, if it fails to maintain support and falls below $0.00000672, it could decline to $0.000006.

根據歷史數據，PEPE 可能會飆升 22% 至 0.00000938 美元。相反，如果未能維持支撐並跌破 0.00000672 美元，則可能跌至 0.000006 美元。

On-Chain Metrics

鏈上指標

Coinglass's PEPE OI-weighted funding rate shows a dominance of short sellers, suggesting a potential liquidation of long positions. The OI-weighted funding rate currently stands at -0.0030%, pointing towards a bearish trend.

Coinglass 的 PEPE OI 加權融資利率顯示賣空者佔據主導地位，這表明多頭部位可能會被清算。 OI加權資金利率目前為-0.0030%，呈現看跌趨勢。

Current Trading Activity

目前交易活動

As of the time of writing, PEPE trades near $0.0000076, experiencing a minor decline of 0.6% in the last 24 hours. Open interest has increased by 6% during this period, reflecting increased market interest despite the selling pressure.

截至撰寫本文時，PEPE 交易價格接近 0.0000076 美元，在過去 24 小時內小幅下跌 0.6%。在此期間，未平倉合約增加了 6%，反映出儘管面臨拋售壓力，但市場興趣仍在增加。