A wallet linked to Justin Sun received 7.2 trillion PEPE tokens from Poloniex, worth about $28.44 million, bringing its holdings to 7.268 trillion PEPE. Although the transfer did not confirm fresh purchases, it renewed interest in whale accumulation. After four days of positive netflows, exchanges recorded $2.17 million in net outflows, reducing the amount of PEPE available for sale. Derivatives trading volume also declined by 28.56%, while open interest rose slightly and leverage remained biased toward longs, with technical indicators suggesting an emerging recovery as PEPE approaches the $0.0000050 resistance level after reclaiming $0.0000040.
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