Some PEPE investors prefer to gather and keep their tokens instead of selling them. Recent activity, including large withdrawals from exchanges, suggests confidence in a potential price increase. The NVT ratio, indicating possible price fluctuations, adds complexity to the prediction.

According to Lookonchain, notable investors withdrew billions of PEPE tokens from Binance, signaling a commitment to holding rather than selling in the short term. Other significant purchases further bolster this sentiment, hinting at a bullish trend for PEPE's value.

This accumulation of tokens often precedes a notable price surge, as observed in previous instances. Despite a minor increase in price, on-chain metrics like exchange flow and NVT ratio indicate potential for further growth.

The exchange flow data reveals more tokens leaving exchanges than entering, implying a preference among investors to hold onto their PEPE holdings. The NVT ratio's rise suggests a possible downturn before an eventual upward movement in price.

Although there's optimism regarding a price increase, some market participants remain cautious, as indicated by a decline in Weighted Sentiment. However, as long as sentiment remains generally positive, PEPE stands a chance for a rebound.

In conclusion, significant accumulation of PEPE tokens by investors suggests confidence in an upcoming price surge. Despite fluctuations and cautious sentiment, the overall outlook remains positive for PEPE's value.