The post Will A 17 trillion PEPE Outflow Trigger a Price Breakout? appeared on BitcoinEthereumNews.com.

Pepe (PEPE) price is showing signs of renewed strength, rising nearly 57% in the past month. While the broader market cooled off in the last 24 hours, PEPE remains one of the few tokens trading close to a key technical breakout level. Despite the recent rally, the meme token is still trading over 51% below its all-time high, suggesting potential upside if market momentum holds. Heavy Exchange Outflows Suggest Holder Confidence Is High Since July 16, almost 17.9 trillion PEPE tokens have left exchanges, reflecting a consistent week-long pattern of outflows. This kind of movement usually indicates that holders are shifting their tokens to private wallets; often a bullish sign, as it reduces near-term sell pressure. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. PEPE price and exchange outflows: Santiment What’s interesting is that the token outflows have continued despite the PEPE price surging over 12% in the same period. That might mean that selling is not the priority as of now. Outflows on exchanges are a useful metric because they measure the net movement of tokens from trading platforms. When more tokens are leaving than entering, it generally implies that fewer traders are preparing to sell. MVRV Data Hints at Low Sell Risk Despite Recent Gains PEPE’s 30-day Market Value to Realized Value (MVRV) ratio has entered the positive territory, but it remains modest at +12.24%. Historically, short-term holders begin selling when this metric crosses 20–30%, meaning the current level still leaves room for further gains. PEPE price and MVRV ratio: Santiment This observation is in sync with the aggressive exchange outflows, despite the positive price action. Both the metrics in combination suggest that better gains might be expected from PEPE. The MVRV ratio compares the…

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Filed under: News - @ July 22, 2025 9:30 pm