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.

与近期的市场走势相反，佩佩币价格本周出现了明显的流出。先前历史最高阻力位 0.0000108 美元的供应压力导致该资产下跌 18.8%，交易价格为 0.00000943 美元。随着比特币徘徊在 67000 美元左右，PEPE 价格在关键时刻摇摆不定，要么恢复当前的涨势，要么进入新的调整。

Whale Activity Contributes to PEPE Price Drop

鲸鱼活动导致 PEPE 价格下跌

Pepe Coin Price| Tradingview

佩佩币价格|交易视图

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.

自上个月以来，在日线图上上升趋势线的支撑下，佩佩币价格稳步回升。这种动态支撑将资产价值从 0.00000393 美元提升至 0.0000161 美元的历史新高，实现了 195% 的惊人增长。然而，上方阻力位 0.0000108 美元阻止了每日蜡烛收盘，并使 PEPE 价格跌回 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.

根据链上数据跟踪器 Spot On Chain 的数据，PEPE 鲸鱼最近的一笔交易对该代币的价格产生了重大影响。 13 小时前，一个名为 0x1a2 的多重签名钱包向币安存入了 4579 亿个 PEPE 代币，价值约 454 万美元。这一被解释为止损措施的举措导致 PEPE 价格下跌 6%。