PEPE Whale: Deposits 532B Tokens to Bitget

PEPE whale with a reported 100% swing win rate deposited 532.3 billion tokens valued at $1.96 million to Bitget, marking the first such move in two months and hinting at position trimming.

The address accumulated 1.31 trillion PEPE since June 2024 at an average cost of $0.00001683; selling the full stack now would lock in a 78% loss while the remaining 106.8 billion tokens still sit in the wallet.

Price action on the 4-hour chart shows the token trading inside the Bollinger Bands with upper resistance at $0.0 and lower support at $0.0, while the RSI(14) sits at 51.75 in neutral territory and MACD registers a bullish golden cross at -0.0, suggesting any near-term bounce may first test the EMA50 level before continuation.