<ul><li>Whales bought $8.7M worth of Pepe Coin with a fresh wallet, removing 500B tokens worth $4.3M from Binance.</li><li>PEPE increased 13% in a week, breaking above the 50-day EMA and the $0.00000852 resistance level.</li><li>Open interest hit $324M, and exchange reserves declined 0.73% to 240.7T tokens.</li><li>PEPE's rally is consistent with growing investor accumulation, as exchange reserves decline and holders continue to hold their positions.</li></ul>

Pepe Coin (PEPE) Jumps 5% Amid Market Drop as Whales Scoop Up $8.7M in Tokens

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