TL;DR:
- The highest 100 largest wallets have accrued over 23 trillion PEPE tokens within the final 4 months, ignoring the present downtrend.
- Regardless of the coin marking six consecutive weeks of decline, whale conduct suggests preparation for an explosive rally.
- Santiment analysts spotlight that huge accumulation by massive holders is often the first catalyst for reversing altcoin developments.
This Wednesday, crypto market consideration targeted on PEPE whale accumulation, a phenomenon that contrasts with the bearish pattern prevailing amongst retail buyers after six weeks of losses.
Santiment information reveals that whales capitalized on value weak spot so as to add a minimum of 23.02 trillion tokens to their portfolios since October, bracing for a possible reversal.
Pepe has dropped roughly -73% of its market cap since topping out slightly below 9 months in the past. Nonetheless, starting 4 months in the past throughout the market-wide October crash, the highest 100 wallets have reversed course and have accrued 23.02T $PEPE throughout this time.
Sensible cash… pic.twitter.com/PSRvhuMaB1
— Santiment (@santimentfeed) February 10, 2026
This transfer happens throughout a interval of low liquidity, the place high-profile buyers like James Wynn have liquidated positions, sparking doubts in regards to the asset’s short-term stability. Nonetheless, the regular circulate into institutional wallets signifies that “good cash” sees worth at present ranges, anticipating the market to regain its bullish momentum imminently.
Liquidity Challenges and Dominance Indicators within the Memecoin Market
PEPE’s restoration isn’t with out dangers, particularly given warnings from analysts like Benjamin Cowen relating to the influence of liquidity tightening on speculative belongings. The truth is, there’s a risk {that a} new native backside might type earlier than a sustained rebound happens, forcing merchants to take care of strict vigilance over technical help ranges.
For a real pattern reversal to happen, it’s important to watch a rise in memecoin dominance relative to the entire altcoin market capitalization. For now, this huge accumulation serves as a elementary help that would set off a breakout as soon as Bitcoin manages to stabilize in constructive territory over the long run.
In abstract, whereas retail sentiment stays pessimistic, whale exercise presents an opportunistic panorama for individuals who consider within the rebound of the Ethereum-based frog coin. The market will probably be expecting the following main “inexperienced candle,” which is able to largely rely on this shopping for energy’s skill to soak up residual promoting stress within the coming classes.
