Pepe Coin is experiencing heightened activity from major investors, which could indicate an upcoming price recovery. Despite this optimism from whales, the price of PEPE is still showing a downward trend. The significant accumulation by these larger investors suggests a possible bullish sentiment for the future.
Interestingly, the negative exchange netflows haven't deterred these large investors from increasing their holdings in PEPE. This scenario often hints at a potential turnaround, as whale activity is commonly seen as a precursor to price movements.
The details about this trend come amid broader market volatility, and PEPE's performance will be watched closely in the coming days. It remains to be seen if the increased whale accumulation can eventually lead to a sustained price recovery.
