Lookonchain: Two Dormant PEPE Whales Move 2.27T Tokens

Lookonchain flagged two dormant PEPE whale addresses that shifted 2.27 trillion PEPE ($10.19 million) today after extended inactivity.

Similar large transfers from dormant wallets occurred multiple times over the past year, including a 1.45 trillion PEPE move and a 4.54 trillion exchange outflow in August 2026, pointing to ongoing capital base restructuring.

Price trades inside the Bollinger Bands with RSI at 61.54 and a MACD golden cross in place. The structure holds above both the EMA50 and EMA200 at $0.0, keeping the bullish bias intact while the neutral momentum reading suggests room for continuation without immediate overbought pressure.