币界网报道:Background information: PEPE fell to $0.000007 a month ago, triggering a strong accumulation phase, and the price subsequently rose 36% to a four-month high. Despite the recent correction, the PEPE price is still about 57% below the high, and most participants are still in profit. Main event: 87% of the supply of PEPE is held by the top 1% of addresses, indicating that whales hold a large amount of unrealized profits. The current PEPE price relies on a fragile support zone. If the support is broken, whales may start to take profits. SpotOnChain monitored a whale transferring 595.2 billion PEPE to Binance, making a profit of $1.57 million, indicating that short-term whales began to rotate out when the price approached the high point of the range. Potential impact: At present, the whale's position has not been completely liquidated, and it still holds 104.4 billion PEPE, worth $1.15 million, bringing $320,000 in unrealized gains. PEPE's $0.000010 support level is under pressure, and the trend in the next few days is crucial. If it falls below this support, it may trigger whales to take profits and affect the price trend. Investors need to pay close attention to changes in the chart to judge the flow of funds.