- Cumberland withdrew a total of 386.45 billion PEPE tokens.
- PEPE broke below a descending trend channel, with the price approaching a level that saw PEPE surge 112%.
Cumberland accumulated a whopping 386.45 billion Pepe [PEPE] tokens worth $3.45 million from Bybit, OKX, and Coinsquare.
The most notable transfers were: 247.83 billion PEPE worth $2.22 million from OKX and 138.6 billion PEPE worth $1.24 million from Bybit, as per The Data Nerd.
These inflows followed a previous outflow of 88.53 billion PEPE from the same wallet, suggesting a possible strategic rebalance or OTC accumulation.
While smaller outbound transfers were made to FalconX and other addresses, liquidity was being redistributed rather than exiting, easing concerns about immediate sell pressure.
This synchronized accumulation amid a broader market downtrend could signal a bullish entry by smart money positioning for a future rebound.
PEPE price action and prediction
PEPE has broken below its downward-trending channel, signaling a potential continuation of the decline.
The price is now approaching a key horizontal support at $0.00000761—a level that previously sparked a 112% rally back on the 6th of May 2025.
If this support is reclaimed, a second reversal may be possible. However, if weakness persists, PEPE could slide further toward $0.00000705–$0.00000740.
On the technical front, the MACD showed a bearish crossover, at press time, with the MACD line (-0.00000041) falling below the signal line (-0.00000038), reinforcing downside pressure.
Momentum is weakening, but a bullish divergence could still trigger a reversal if buyers step in.
Source: Trading View
A reclaim of more than $0.00000980 would be the game-changer to reverse the downtrend structure. In case it gathered and chronicled beyond $0.00001040, it would prove a bullish mid-term turnaround.
Nevertheless, the loss of support at $0.00000761 would discard the bullish hypothesis.
The price reaction observed between $0.00000820 and $0.00000920 would attract traders to determine whether there would be any bounce or not.
As it was at the time of the press, the trend was technically bearish, with the major support needed to spur demand.
How liquidation zones could shape price movement
PEPE’s liquidation heatmap reveals dense clusters between $0.00000867 and $0.0000093, highlighting areas of strong liquidation resistance.
Past violent liquidations near $0.0000082 suggest prior stop-outs, while spikes around $0.000009 point to short liquidations during upward moves.
At the time of writing, the price was hovering near $0.0000087, indicating market indecision.
A break above $0.0000093 could trigger a short squeeze, while a dip below $0.0000082 may reignite the downtrend.
These clusters suggest trapped traders, and such zones could act as catalysts for sharp volatility. Caution remains essential as price navigates these critical levels.
