đąđWHALES ARE LOADING PEPE â A MASSIVE MOVE MAY BE COMINGđ¸đ
#pepe ($PEPE ) is drawing renewed attention as on-chain data reveals steady accumulation by large wallet holders, despite months of weak price action. While the meme coin has struggled significantly since its peak roughly nine months agoâlosing around 73% of its market valueâbehind the scenes a different trend has been forming.
According to data shared by Santiment, the top 100 PEPE wallets have collectively accumulated approximately 23.02 trillion tokens over the past four months. This sustained accumulation suggests that major holders may be positioning themselves during a period of low sentiment and price consolidation rather than exiting the market.
Retail confidence in meme coins has remained fragile, especially following broader market volatility and sharp corrections seen in recent months. Negative sentiment tends to dominate during prolonged drawdowns, often discouraging smaller investors. However, historically in crypto markets, significant whale accumulation has frequently occurred near local bottoms, before stronger trend reversals develop.
Large investorsâoften referred to as âsmart moneyââtypically build positions gradually to avoid driving prices up prematurely. Their behavior is closely monitored because it can signal longer-term strategic outlooks rather than short-term speculation. When a substantial portion of supply moves into stronger hands, it can tighten circulating liquidity and create the conditions for sharper price reactions once demand returns.
If Bitcoin establishes a sustained recovery and broader market momentum improves, heavily accumulated altcoins tend to respond more aggressively. Based on recent on-chain trends, PEPE appears to be positioning itself within that category.
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