According to CoinMeta, the PEPE token rose by 25% on Friday and has accumulated a 22% increase over the past two days. The accumulation by whales, the decline in supply from exchanges, and the increase in speculative activity have enhanced its short-term prospects. PEPE has regained several important technical levels, opening up a potential path towards the 200-day exponential moving average ($0.00000363). Santiment recorded seven transactions of over $1 million on Thursday, representing the highest daily total since March 16. The increase in high-value transfers by whales indicates a resurgence in activity, although large transactions may also signify accumulation or distribution. Changes in wallet balances suggest that major holders are accumulating the tokens, while the supply of PEPE on exchanges has decreased from 82.75 trillion on August 12 to 81.30 trillion. Meanwhile, the holding volume of non-exchange addresses increased by 3.54 trillion during the same period, indicating new demand from large investors. The open interest in PEPE futures reached a three-month high of $250 million, an increase of about 19.6% from the previous day's $209 million.