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PEPE token drops 4.16% in an hour despite 24-hour gains, with $690K liquidations on Binance, Bybit, and OKX.

Market News
23 Oct 2026
Tokenpost
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Bearish
PEPE token drops 4.16% in an hour despite 24-hour gains, with $690K liquidations on Binance, Bybit, and OKX.

The PEPE cryptocurrency token fell 4.16% within one hour to $0.00000484 on Binance's spot market, even though it showed a 9.26% gain over the past 24 hours. During the same hour, $690,000 worth of PEPE positions were liquidated across Binance, Bybit, and OKX, with long position liquidations far exceeding short ones by $650,000. PEPE's market capitalization stands at about $2.13 billion, ranking it 48th by market cap. This volatility highlights active trading and potential risk for investors in the token.

PEPE continues to show strong interest on Pluang, trading at Rp0.0873 with a 9.56% gain over the past day. Sell orders dominate at 74%, and the typical holding period is 56 days. These figures are current as of Oct 23, 2026 21:52 WIB.

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