PEPE / TetherUSLong
PEPE ready to PUMP
PEPE Whale Activity Analysis: Insights from Whale Metrics and CUMULATIVE NET FLOW
Over the last few days, whale activity in PEPE has shown significant changes, as tracked by cumulative net flows and whale count data. Here’s a breakdown of the recent trends and their implications:
Cumulative Net Flow (25th-28th November)
25th November: -10.35 trillion PEPE
Modest outflows suggest minor accumulation or redistribution by whales.
26th November: -10.25 trillion PEPE
Outflows persist but remain within a controlled range.
27th November: -41.3 trillion PEPE
A massive jump in outflows suggests significant accumulation, potentially setting the stage for a bullish move.
Whale Count Changes
Whale count increased by 13 to 14 whales over this period.
This rise in whale count aligns with large-scale accumulation observed in the net flow data.
A growing number of whales often reflects confidence in the asset, as whales prepare for potential price movements.
Implications: Pump or Dump?
Bullish Case (Pump):
Accumulation Dominance:
The increasing negative net flow (cumulative outflows) indicates that whales are actively accumulating PEPE.
The rise in whale count further supports a bullish narrative, as whales typically accumulate before driving prices higher.
Prediction Based on Indicator Logic:
The indicator's Accumulation Signal highlights that this activity is likely to precede a price increase.
Key levels near the last retail liquidation zone could present optimal buying opportunities for retail traders.
Bearish Case (Dump):
No significant distribution signals have been detected, meaning the likelihood of a bearish dump is low for now.
If whale inflows spike and cumulative net flow turns positive, it would signal distribution, potentially leading to a price drop.
Key Observations
Accumulation Activity Surging:
The cumulative net flow dropping to -41.3 trillion on 28th November reflects aggressive accumulation, a strong indicator of bullish intent.
Whale Confidence Increasing:
The rise in whale count to 14 suggests that more significant players are entering the market, likely expecting upward price action.
Retail Liquidations as Entry Zones:
Retail liquidation zones are crucial for identifying levels where whales may push prices before continuing their accumulation or distribution cycles.
Strategy Recommendations
Monitor Accumulation Levels:
Look for buying opportunities near key retail liquidation levels.
Watch for Distribution Signals:
Stay cautious if cumulative net flows shift positive, indicating whales are offloading their holdings.
Conclusion
The significant accumulation activity over the past few days, combined with an increase in whale count, strongly supports a bullish outlook. However, traders should remain vigilant for any sudden shifts in whale behavior or retail liquidation signals to capitalize on market opportunities effectively.
🚀 Prepare for potential upward price momentum, with key support levels near recent retail liquidations!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.