The Pepe token, inspired by the "Pepe the Frog" meme, has seen a significant shift in whale activity and holder composition. Large holders of Pepe tokens have shifted from net outflows to net inflows, potentially triggering FOMO among retail holders. An anonymous Pepe whale has accumulated and withdrawn over 337 billion PEPE tokens from Binance in the past 20 days, worth around $7 million. While whales continue to accumulate PEPE, midterm and long-term holders have been declining, while short-term traders have increased by 262% in the last 30 days. The meme coin is currently consolidating around $0.000020 with a market cap of $8.69 billion. The bullish momentum of PEPE may face resistance from short-term traders without strong whale accumulation.



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