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Pepe (PEPE) token jumps 5.71% amid $1.25M short liquidations on major crypto exchanges

Market News
20 Oct 2026
Tokenpost
View Source
Bullish
Pepe (PEPE) token jumps 5.71% amid $1.25M short liquidations on major crypto exchanges

Pepe (PEPE) token surged 5.71% within an hour to $0.00000444 on Binance, driven by $1.25 million in short position liquidations across Binance, Bybit, and OKX. This price rise followed a smaller $20,000 liquidation of long positions, indicating strong short squeeze pressure. PEPE's market cap ranks it 56th among cryptocurrencies at about $1.79 billion. The price increase highlights active trading and volatility in the crypto market for this meme token.

As of Oct 21, 2026 06:02 WIB, PEPE trades at Rp0,0825 on Pluang with a 1-day gain of 10.12%. The token's market cap on Pluang stands at Rp33,83 trillion, reflecting significant investor interest. Despite the price rise, sell orders dominate at 88%, indicating cautious sentiment among Pluang users.

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