PEPE Surges 5% as Whale Activity and Rate-Cut Bets Fuel Rally
Pepe, the popular memecoin, has experienced a notable 5% surge in the past 24 hours, breaking through a key resistance level amid high trading volume. This rally underscores sustained buying interest, with volume spikes accompanying each upward move—a strong indicator that larger investors, or 'whales,' may be accumulating positions. However, derivatives activity paints a contrasting picture, with PEPE contract trading volume plummeting 73% since mid-June. Despite this, the memecoin's technical strength and whale accumulation suggest potential for further gains, especially as market sentiment leans toward rate-cut expectations. As of August 9, 2025, PEPE's price action remains a focal point for traders eyeing both short-term momentum and long-term bullish trends in the crypto market.
PEPE Jumps 5% Amid Rate-Cut Bets and Whale Accumulation
Pepe, the popular memecoin, surged more than 5% in the past 24 hours, breaking through a key resistance level on high trading volume. The rally reflects sustained buying interest, with volume spikes accompanying each upward move—a signal that larger investors may be accumulating positions.
Despite the technical strength, derivatives activity tells a contrasting story. Trading volume for PEPE contracts has plummeted 73% since mid-July, per CoinGlass data. Meanwhile, the top 100 ethereum wallets increased their PEPE holdings by 2.36% over the past month, while exchange reserves dropped 2.4%, according to Nansen.
The token's rise aligns with a broader risk-asset rally fueled by expectations of a Federal Reserve rate cut in September. Markets now price a 93% chance of a 25-basis-point reduction, based on the CME's FedWatch tool, while Polymarket traders see a 79% probability.
PEPE Price Surges 9.75% as Whale Accumulation Drives Bullish Momentum
PEPE's price rallied to $0.00 with a 9.75% daily gain after a whale purchased 807 billion tokens worth $1 million, signaling strong bullish momentum. The symmetrical triangle pattern suggests a potential 25% upside breakout, further fueling market optimism.
The surge follows significant whale activity on August 8, 2025, when an unidentified investor acquired 807 billion Pepe tokens at $0.000001239 per token. This accumulation created upward pressure on the PEPE/USDT pair, directly contributing to the price increase.
Trading volume spiked 111% to $1.37 billion on August 6, accompanied by an 8% price rise. Binance spot trading volume remains elevated at $182 million, indicating renewed institutional and retail interest in the meme token.
Whales Fuel PEPE Price Rally, Can it Break $0.0000135?
Pepecoin (PEPE) has surged 9.77% in a single day and 17.11% over the past week, trading at $0.0000122. Whale accumulation and declining exchange reserves suggest sustained bullish momentum, with the market cap reaching $5.11 billion and 24-hour trading volume spiking 37.98% to $1.04 billion.
On-chain data reveals whale wallets added 3.8 trillion PEPE in July 2025, while exchange reserves dropped 1.14%, reducing selling pressure. A $5.2 million PEPE withdrawal from Binance signals strategic positioning rather than panic selling.
Technical analysis shows PEPE rebounding from a critical support zone NEAR $0.0000095, forming a bullish cup-and-handle pattern. The breakout above the 30-day SMA at $0.00001213 reinforces the upward trajectory.