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This year, following a significant bull run, the cryptocurrency market may have entered a consolidation phase, but Pepe (PEPE) stands out as a notable player with significant accumulations that have caught investors' attention. On-chain data reveals that market participants purchased approximately 650 billion PEPE in the last 24 hours, creating optimism about the altcoin's future price movements.

今年，在经历了一次重大牛市之后，加密货币市场可能已进入盘整阶段，但 Pepe (PEPE) 凭借大量积累而脱颖而出，引起了投资者的关注。链上数据显示，市场参与者在过去 24 小时内购买了约 6500 亿个 PEPE，这使得人们对山寨币未来的价格走势感到乐观。

Investors Accumulate PEPE

投资者累积PEPE

Despite facing a sharp decline earlier this year, PEPE surged from a low of $0.0000009 to a high of $0.0000099 in March, challenging the overall market trend and fueling rumors of a potential correction. Indeed, a correction occurred to some extent. However, recent accumulations potentially by whales or investors reached trillions, increasing curiosity about PEPE's future price trajectory.

尽管今年早些时候遭遇大幅下跌，但 PEPE 在 3 月份从 0.0000009 美元的低点飙升至 0.0000099 美元的高点，挑战了整体市场趋势，并助长了潜在回调的传言。事实上，在一定程度上出现了修正。然而，鲸鱼或投资者最近可能积累的资金达到数万亿美元，这增加了人们对 PEPE 未来价格轨迹的好奇心。

According to data from the on-chain data platform LookOnChain, investors bought a total of 649.16 billion PEPE in the last 24 hours, with four unknown wallet addresses predominantly accumulating large amounts from cryptocurrency exchanges.

链上数据平台LookOnChain的数据显示，过去24小时内，投资者共购买了6491.6亿个PEPE，其中4个未知钱包地址主要从加密货币交易所积累了大量资金。

Particularly, one wallet address withdrew 350 billion PEPE worth $3.44 million from the leading cryptocurrency exchange Binance. This wallet address is known for its expertise in swing trading, profiting $2.66 million from trading PEPE. Meanwhile, other wallet addresses also made significant purchases, contributing to the optimism surrounding PEPE's potential rise.

特别是，一个钱包地址从领先的加密货币交易所币安提取了 3500 亿个 PEPE，价值 344 万美元。该钱包地址以其在波段交易方面的专业知识而闻名，通过交易 PEPE 获利 266 万美元。与此同时，其他钱包地址也进行了大量购买，这增强了人们对 PEPE 潜在上涨的乐观情绪。

Current State of the Altcoin

山寨币的现状

Despite ongoing strong accumulation trends among wallet addresses, PEPE's price experienced significant fluctuations in the last 24 hours. At the time of writing, the altcoin's price has slightly decreased by 0.27% to $0.00000867, and the price chart shows trading activity in both red and green zones. Moreover, the lowest and highest levels of the last 24 hours reflect a period of horizontal trading that mirrors the market's uncertainty.

尽管钱包地址的积累趋势持续强劲，但 PEPE 的价格在过去 24 小时内经历了大幅波动。截至撰写本文时，山寨币的价格小幅下跌 0.27% 至 0.00000867 美元，价格图表显示红色和绿色区域的交易活动。此外，过去 24 小时的最低和最高水平反映了一段横向交易，反映了市场的不确定性。

The example of a whale-level wallet address purchasing approximately 350 billion PEPE indicates increased optimism about the altcoin's future price movements. This accumulation trend shows buying pressure for the altcoin against the general market trend. Moreover, data from Coinglass shows an increase in PEPE's open interest (OI) and a slight decrease in derivatives volume, potentially contributing to short-term volatility. Nevertheless, especially considering Bitcoin's recent block reward halving and significant accumulations observed in recent days, market sentiment remains optimistic about PEPE's long-term prospects.

鲸鱼级钱包地址购买约 3500 亿个 PEPE 的例子表明人们对山寨币未来价格走势的乐观情绪增强。这种积累趋势显示了山寨币相对于总体市场趋势的购买压力。此外，Coinglass 的数据显示，PEPE 的未平仓合约 (OI) 有所增加，而衍生品交易量略有下降，可能会导致短期波动。尽管如此，特别是考虑到比特币最近的区块奖励减半以及最近几天观察到的大量积累，市场情绪对 PEPE 的长期前景仍然乐观。

The post first appeared on COINTURK NEWS: PEPE Coin Gains Attention with Notable Accumulations

该帖子首次出现在 COINTURK 新闻上：PEPE 币因大量积累而受到关注