Are whales quietly buying PEPE, and is Justin Sun one of them? Big wallets rarely announce a buy, but the blockchain records every move. Arkham says Justin Sun wallets took in fresh PEPE over
Are whales quietly buying PEPE, and is Justin Sun one of them?
Big wallets rarely announce a buy, but the blockchain records every move. Arkham says Justin Sun wallets took in fresh PEPE over the past 10 days.
This Pepe price prediction November 2026 starts with PEPE at $0.00000485 on Oct 28, 2026, 04:20 UTC, up 7.8% in 7 days. Price just left the falling channel from theearlier PEPE forecast, and big wallets sit right behind the move.
This Pepe price prediction November 2026 usesCoinGecko market data.
Metric
Value
Price
$0.00000485
7-day change
+7.8%
Market cap
$2.047B
Fully diluted valuation
$2.047B
24h trading volume
$466.439M
Perps 24h open interest
$824.585M
Source: CoinGecko, captured October 28, 2026, 04:20 UTC.
FDV is the value if every planned token has already circulated. For PEPE it matches the market cap, since all 420.69T tokens are out.
Arkham, a blockchain analytics platform, says Justin Sun PEPE holdings reach almost 3% of supply, worth $51.25M.
Source: Arkham on X, captured Oct 28, 2026, 04:20 UTC.
The post counts official and predicted wallets and says the tokens arrived over the past 10 days. But predicted means Arkham is inferring ownership, not confirming it.
If the attribution holds, a large holder is adding to strength. Should it fail, the chart has to carry the move alone.
PEPE holder concentration is steep, with the top 100 wallets at 76.67% of supply perEtherscan holder data, captured Oct 28, 2026, 04:20 UTC.
Source: Etherscan, captured Oct 28, 2026, 04:20 UTC.
Whales number 718 wallets, or 0.12% of holders. They own 90.29% of the market cap. The Gini score reads 0.9938, a 0 to 1 inequality gauge where 1 means a single wallet owns everything.
PEPE whale wallets start with Binance Hot Wallet 20 at 10.9068% of supply, worth $223M. Six of the top 10 wallets carry exchange names and hold about 21.56% together.
Source: Etherscan, captured Oct 28, 2026, 04:20 UTC.
The unlabeled wallets at 2 and 3 hold 6.1665% and 3.2594%. And the burn address, 0x00…dEaD, holds 1.6443% that no longer trades.
With 21 wallets holding at least 1% each, who really sets the price?
Shorts took the hit. Over 24 hours, they lost $674.82K as per CoinGlass PEPE liquidation data.
Source: CoinGlass, captured Oct 28, 2026, 04:20 UTC.
A liquidation is a forced exit from a borrowed-money trade, andhow liquidation works covers the mechanics. When every forced short exit is a market buy. The rally feeds itself.
And the squeeze is fresh. In the last 4h, shorts lost $399.37K against $141.82K for longs. Over the last hour, losses split almost evenly.
PEPE open interest, the total value of futures contracts still open, sits at $824.585M, per CoinGecko at 04:20 UTC.
Source: CoinGlass, captured Oct 28, 2026, 04:20 UTC.
OKX leads futures volume at $202.21M, perCoinGlass futures volume. LBank follows at $101.97M, and MEXC adds $86.91M.
Source: TradingView, PEPE/USDT on Binance, captured Oct 28, 2026, 04:08 UTC.
On the 1D Binance chart, the Pepe price prediction November 2026 starts with a base near $0.00000336 in early September 2026. Buyers broke out in mid-September 2026 and pushed above $0.00000513 before sellers took over.
After that price started making lower highs and lower lows and formed a falling channel, a pair of downward lines that cap every bounce. The lower trendline held around Oct 8, 2026.
The price broke above the channel around Oct 20, 2026. The push stalled at $0.00000513 around Oct 23, 2026, when a long upper wick showed sellers defending it.
The PEPE 50-day EMA sits at $0.00000412. Price trades above it by a wide margin.
RSI, a 0 to 100 momentum gauge, reads 62.77. Above 50 usually favors buyers.
Level
Price
Resistance
$0.00000635
Resistance
$0.00000513
Support
$0.00000422
Support
$0.00000379
Support
$0.00000336
PEPE support levels are where buyers step in, and PEPE resistance levels are where sellers push back. The EMA at $0.00000412 sits just under the first support.
Scenario
Trigger
Target
Invalidation
Bull
Daily candle above $0.00000513
$0.00000635
Trade below $0.00000422
Base
Range of $0.00000422 to $0.00000513
$0.00000513
Break of either level
Bear
Daily candle below $0.00000422
$0.00000379
Trade back above $0.00000422
Bull needs rising volume above $0.00000513. Risks include the Arkham claim failing, whales selling into strength, an open interest flush, and a break of support.
As per CoinGabbar analysis, the setup leans bullish while the price trades above $0.00000422. With the channel broken and the price above the EMA, RSI at 62.77 has room before 70. That keeps this Pepe price prediction November 2026 constructive.
But $0.00000513 stays the test. If the next daily candle above it comes with open interest still rising. That confirms shorts are still fueling the move.
Disclaimer: This article is for information only and isn't financial advice. Crypto assets are highly volatile, and prices can move sharply in either direction. Readers should do independent research and consider their own risk tolerance before making any decision.
