Pepe Coin (PEPE) is attracting renewed attention as significant whale activity and rising open interest hint at a potential market turnaround.
Despite a recent slump that saw many retail holders fall into losses, on-chain signals suggest that the crypto meme token may be laying the groundwork for a bullish comeback in Q3.
Whale Activity Surges as Price Holds Steady
In recent days, Pepe Coin price has managed to stabilize around the $0.000011 level, following a 30% decline from its May 23 peak of $0.000016. This period of reduced volatility, rare for a crypto meme coin, coincides with a notable 54% spike in whale netflows. According to IntoTheBlock data, large holders accumulated an additional 44 billion PEPE tokens within 24 hours—indicating a clear vote of confidence in Pepe Coin’s value.
PEPE was trading at around $0.00001142, up 2.83% in the last 24 hours at press time. Source: Brave New Coin
In total, whale inflows jumped from 1.2 trillion to 1.92 trillion PEPE tokens, a sign that key investors are moving assets off exchanges and into private wallets. This trend, typically interpreted as a bullish signal, may be early evidence that Pepe Coin whales are positioning for a major rebound.
Open Interest and Long Positions Show Bullish Sentiment
Beyond on-chain activity, derivatives data is also painting an optimistic picture. Open interest in PEPE futures contracts has surged, suggesting that both institutional and retail investors are preparing for significant price movement.
Further fueling this sentiment, whales on platforms like HyperLiquid DEX have reportedly opened over $3 million in long positions on PEPE coin, betting that the token will rise. This uptick in leveraged long positions underscores growing confidence among high-stake traders that Pepe Coin price could be on the verge of a breakout.
Technical Support Remains Strong Amid Losses
While whale accumulation continues, many smaller holders remain underwater. On-chain analytics show that the percentage of profitable addresses has fallen to its lowest in a month, with a large portion of PEPE holders currently sitting on losses. This has led to market hesitation, as retail traders weigh the risk of buying into a bearish trend.
PEPE Futures Open Interest (USD) chart. Source: CoinGlass
Despite this, the PEPE coin price chart reveals a key support zone that has held firm. Price rejection at this level has triggered a 4% daily bounce, reinforcing the possibility of a bullish reversal—especially if whale interest continues to build.
Liquidity Clusters and Liquidation Zones Favor Bulls
Adding to the optimistic outlook is recent liquidity data. A heatmap analysis shows dense liquidation clusters at higher price levels. These areas often act as magnets for upward price movement, particularly when driven by leveraged short positions.
If Pepe Coin price breaks above current resistance levels, it could trigger a cascade of liquidations that accelerate price gains. With sentiment improving and liquidity conditions ripe, the path toward a new PEPE all-time high (ATH) in Q3 is becoming more plausible.
A Glimpse into Q3: Is a Rally Imminent?
While it’s too early to declare a full trend reversal, the confluence of bullish factors—rising whale inflows, increased open interest, stable technical support, and favorable liquidity zones—suggests that PEPE coin may be entering an accumulation phase.
PEPE’s price consolidation above the long-term trend line suggests potential for an upcoming uptrend. Source: aramsalimi2014 on TradingView
“Whales tend to move early,” one analyst commented. “Their increased exposure to PEPE in the face of retail losses hints that a bottom may be forming.”
If this trend holds, Pepe Coin news in Q3 could be dominated by price surges rather than sell-offs. Traders and investors eyeing Pepe Coin price prediction models may want to watch for confirmation through volume spikes and breakout candles on the PEPE price chart.
Final Thoughts
With whale flows rising and key technical levels holding firm, Pepe Coin appears to be quietly building momentum. While risks remain, particularly due to recent holder losses, market signals are aligning in a way that could make Q3 a defining quarter for this meme coin. If the bullish sentiment persists, a push toward a new ATH might not be out of reach.
Source: https://bravenewcoin.com/insights/pepe-price-prediction-can-surging-whale-flows-push-pepe-toward-a-new-ath-in-q3