Pepe (CRYPTO: PEPE) has fallen 38% over the past month, but on-chain data shows whales have been aggressively accumulating since the October 10 liquidation crash.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Pepe | (CRYPTO: PEPE) | $0.053568 | $1.5 billion | -14.5% |
| Dogecoin | (CRYPTO: DOGE) | $0.09003 | $15.2 billion | -16% |
| Shiba Inu | (CRYPTO: SHIB) | $0.055823 | $3.4 billion | -13.7% |
Trader Notes: Trader Defi Priest says PEPE may be showing early signs of a trend shift after sweeping its all-time low and printing a strong rejection candle that created liquidity.
However, he suggests a cautious approach, waiting for price to run the current lows, clear stop losses, and confirm strength with a bullish candle before entering.
Pepe Whale points out that while price has been in a prolonged downtrend, it is now stabilizing at a major historical demand zone.
With seller momentum appearing to fade, a successful defense of this level could spark a sharp relief rally. Upside targets include $0.0000055, $0.0000069, and $0.0000098.
Statistics: According to Santiment, PEPE remains down roughly 73% from its peak nine months ago.
However, since the October crash, the top 100 wallets have accumulated 23.02 trillion PEPE, a notable signal of “smart money” positioning.
Despite bearish retail sentiment toward meme coins, heavy whale accumulation suggests PEPE could be primed for a breakout once Bitcoin regains sustained bullish momentum.
Historically, major altcoin reversals often follow periods of concentrated accumulation by large wallets.
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