📊 On-Chain / Exchange Flow Highlights

According to a report, PEPE has experienced ≈ US$17 million of net outflows from exchanges over the past 7 days.

One large single transaction: around 892 billion PEPE tokens (≈ US$7.1 million) were withdrawn from an exchange in one move.

Exchange supply (tokens held on exchanges) appears to be decreasing, which is often interpreted as less immediate selling pressure.

Price data: On Investing.com, the 7-day history shows PEPE hovering around US$0.0000067–US$0.0000073 with volume still in the tens of billions of tokens.

PEPE’s circulating supply ~420 trillion tokens, market cap around US$3 billion.

🔍 Interpretation & What It Might Mean

Accumulation signal: Large outflows from exchanges may suggest that holders (including whales) are moving tokens into cold wallets (less likely to sell quickly) rather than leaving them on exchanges for easy trading. That’s often seen as a bullish structural sign.

Supply tightening: With tokens leaving exchange custody, the “amount of PEPE available to sell quickly” may shrink — which can amplify future price moves (if demand returns).

Caution still warranted: While exchange outflows are a positive structural cue, the on-chain picture doesn’t guarantee a price move — there’s still low utility, high speculative component, and price remains under pressure.

Potential trigger zone: Some analysts identify that PEPE trading in the ~US$0.0000063-US$0.0000075 range might represent an “accumulation zone” given historical behaviour, and if exchange outflows continue + demand rises, a breakout might be possible.

📌 Caveats & Things to Watch

The data is relatively recent, and while outflows are notable, one or two large outflows may just reflect portfolio moves—not necessarily long-term conviction.

On-chain flows are one dimension; they must be paired with demand triggers (e.g., social hype, new exchange listings, ecosystem developments) to drive price.