PEPE’s $3.36mln whale dump jolts Binance – What comes next?
The post PEPE’s $3.36mln whale dump jolts Binance – What comes next? appeared on BitcoinEthereumNews.com. Whale-linked PEPE deposit and two-sided liquidations reflect heightened volatility without clear directional bias. Positive Large Holder Netflow and investor wallet growth signal structural support, even as retail interest declines. A wallet linked to James Wynn deposited 240 billion Pepe [PEPE]—valued at $3.36 million—into Binance, raising concerns about potential sell-side pressure. However, the wallet still holds over 203 billion PEPE, worth $2.85 million. At the same time, market-wide liquidations showed $132.89K in longs and $95.3K in shorts wiped out, reflecting intense two-way pressure. This dual liquidation trend suggests heightened uncertainty as neither bulls nor bears dominate. Therefore, PEPE’s next directional move may depend more on sentiment stabilization than isolated whale actions, especially with volatility shaking out overleveraged traders on both sides of the spectrum. Are committed investors replacing speculative traders? Despite recent whale deposits, Large Holder Netflow remained firmly positive. In fact, netflows surged 633.21% over the past 30 days, with a 49.6% jump in the last week alone. This suggests large wallets are still accumulating PEPE despite short-term fluctuations. Interestingly, this follows a steep 90-day netflow dip of over -1500%, marking a potential trend reversal. Therefore, these net inflows may indicate growing long-term conviction among big players. Source: IntoTheBlock On top of that, PEPE’s holder profile is shifting. Retail wallets shrank by 5.76% over 30 days, while investor-tier addresses rose by 6.10%. Whale holdings saw minimal change, down just 0.33%. Therefore, the current market structure favors mid-sized investors over speculative retail actors. This redistribution may reduce erratic price swings but could also mute explosive upside potential typical of memecoins. Source: IntoTheBlock Factors aligning to support the next move At press time, 49.06% of PEPE holders were “in the money,” while 32.98% were underwater and 17.96% were at break-even. This distribution supports key price levels, as many profitable holders may resist…
The post PEPE’s $3.36mln whale dump jolts Binance – What comes next? appeared on BitcoinEthereumNews.com.
Whale-linked PEPE deposit and two-sided liquidations reflect heightened volatility without clear directional bias. Positive Large Holder Netflow and investor wallet growth signal structural support, even as retail interest declines. A wallet linked to James Wynn deposited 240 billion Pepe [PEPE]—valued at $3.36 million—into Binance, raising concerns about potential sell-side pressure. However, the wallet still holds over 203 billion PEPE, worth $2.85 million. At the same time, market-wide liquidations showed $132.89K in longs and $95.3K in shorts wiped out, reflecting intense two-way pressure. This dual liquidation trend suggests heightened uncertainty as neither bulls nor bears dominate. Therefore, PEPE’s next directional move may depend more on sentiment stabilization than isolated whale actions, especially with volatility shaking out overleveraged traders on both sides of the spectrum. Are committed investors replacing speculative traders? Despite recent whale deposits, Large Holder Netflow remained firmly positive. In fact, netflows surged 633.21% over the past 30 days, with a 49.6% jump in the last week alone. This suggests large wallets are still accumulating PEPE despite short-term fluctuations. Interestingly, this follows a steep 90-day netflow dip of over -1500%, marking a potential trend reversal. Therefore, these net inflows may indicate growing long-term conviction among big players. Source: IntoTheBlock On top of that, PEPE’s holder profile is shifting. Retail wallets shrank by 5.76% over 30 days, while investor-tier addresses rose by 6.10%. Whale holdings saw minimal change, down just 0.33%. Therefore, the current market structure favors mid-sized investors over speculative retail actors. This redistribution may reduce erratic price swings but could also mute explosive upside potential typical of memecoins. Source: IntoTheBlock Factors aligning to support the next move At press time, 49.06% of PEPE holders were “in the money,” while 32.98% were underwater and 17.96% were at break-even. This distribution supports key price levels, as many profitable holders may resist…
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