As the meme leader $PEPE , every move naturally still draws a lot of attention. However, the trend over the past two days has clearly been a shakeout: the pace of the rise has been relatively weak, which is quite frustrating to watch. But on the data side, there are actually signals. In the past 24 hours, the PEPE contract open interest (OI) surged directly by 20%, reaching $228.67 million, indicating that short-term funds are all betting on a rebound. Also, large investors are quietly replenishing their positions: holding coins worth 100 million to 10