PEPE whales buy 689 Billion tokens! Are they waiting for a reversal?

• Three PEPE whales have been noticed shopping for a complete of 689.79 billion PEPE value $4.3 million from TornadoCash.
• PEPE is exhibiting indicators of a possible rebound, with the TD Sequential indicator flashing a purchase sign on the day by day chart.

There was huge motion within the Pepe [PEPE] market as three whale wallets—0x7A7D, 0x9212, and 0x7779—purchased an mixture 689.79 billion PEPE tokens for $4.3 million, funded by means of TornadoCash, a protocol for privateness.

Pockets 0x7A7D purchased a prime $2.72 million (1,413.4 WETH) for 437.7 billion PEPE, adopted by 0x9212, who purchased $1 million for 158.58 billion PEPE, after which 0x7779 purchased 93.51 billion PEPE for $574,000.

The variety of “Settle” transactions of the Cow Protocol Settlement Contract value between 4.6 and 143.13 WETH, which brought on PEPE’s worth swing from dropping $106,540 to creating $556,042.

Supply: OnChain Lens

The monumental buys indicated the whales’ huge confidence in PEPE’s potential to rebound. Such shopping for strain tends to drive costs upwards by lowering provide in sight and firming up sentiment.

As the value can also be rebounding, this pair has the potential to construct constructive momentum, which might deliver in additional buyers and hold its value going increased even increased within the quick time period.

PEPE’s value motion and variety of massive transactions

Wanting on the TD Sequential indicator, it triggered a purchase on the day by day chart, which is a possible reversal signal. The day by day’s shut at $0.00000597 was +4.74% increased and is a bullish strain signal.

The $0.00000525 low is an indication of value exhaustion, and each of those collectively add weight to the reversal thesis.

If the bulls enter, the memecoin can leap to $0.00000620, with a breakout pending at $0.00000640–$0.00000660.

Supply: X

Rejection right here, nevertheless, can result in consolidation between $0.00000540 and $0.00000580. A breakdown of $0.00000525 will negate the purchase sign, with additional promoting to $0.00000495.

Quantity and momentum indicators may sign merchants the facility of this setup.

Nonetheless, massive PEPE trades have been trending comparatively flat since February 2025, buying and selling within the 400–600 commerce vary earlier than just lately falling to 278 trades on the eleventh of March.

The current 7-day excessive of 304 trades is low exercise, and the current 7-day low of 122 trades was a slowdown. As transactions by quantity rise, extra whale exercise can drive PEPE above $0.00000060.

Supply: IntoTheBlock

Inactivity or falling under 200 transactions can restrict value motion to carry PEPE at $0.00000068 or decrease. A sudden drop in transactions can drive costs to $0.00000060, a bearish demand sign.

Reversal continues to be vulnerable to new curiosity from the big holders.