A prominent PEPE whale, identified as 0x2Dc8, just yanked another 800 billion PEPE tokens valued at $3.08 million from Coinbase Prime, marking the first such move in eight months. Back then, the same whale extracted 600 billion PEPE worth $7.32 million at the time, but that position has since cratered, leaving a $5.04 million unrealized loss. This accumulation hits as PEPE navigates volatile waters, with traders eyeing PEPE price prediction models amid broader crypto market crash fears and Bitcoin dominance shifts.

On the 4-hour chart, PEPE clings to a bullish trend structure, hugging the EMA50 at $0.0 as immediate support while the EMA200 at $0.0 anchors longer-term resilience. Momentum sits neutral with RSI at 47.69, but the MACD screams bearish after a death cross at 0.0, signaling potential downside pressure. Volatility remains contained inside the Bollinger Bands, with price trading flat at $0.0—testing upper resistance at $0.0 could spark exhaustion, likely pulling back to lower support at $0.0 before any resumption, especially if BTC drags the meme sector lower in this macro squeeze.