In the past 24 hours alone, PEPE whales accumulated a staggering 9 trillion tokens, signaling what could be the beginning of a fresh upward move in the token’s price. While smaller investors remain cautious, the smart money appears to be going all in.
This aggressive accumulation comes at a time when the meme coin has been trading sideways, locked between $0.0000085 and $0.0000092, failing to break out despite earlier momentum. However, on-chain metrics and whale behavior suggest that the tides may soon turn in PEPE’s favor.
PEPE Whales Accumulate 9 Trillion Tokens: Breaking Down the Numbers
According to blockchain analytics platform Lookonchain, PEPE whales purchased 9 trillion tokens over a 24-hour window, making it one of the highest single-day whale purchases since the meme coin entered mainstream trading platforms.
What’s more interesting is that this accumulation didn’t come from scattered smaller purchases. Instead, a single wallet reportedly withdrew 1.5 trillion PEPE tokens worth approximately $13.3 million from centralized exchanges, a strong indication that this was not a speculative trade but rather a long-term investment move. This activity pushed total whale holdings to a new local high, showcasing rising confidence in PEPE among institutional-sized investors.
Historical Context
To put this in perspective, the day prior saw just 3.25 trillion tokens purchased, making this latest spike nearly three times the previous day’s activity. This exponential rise is a clear bullish signal and reflects a strategic attempt by PEPE whales to front-run a potential breakout.

Six Days of Positive Netflows: A Strong On-Chain Signal
Alongside the aggressive buying, PEPE has now recorded six consecutive days of positive Large Holder Netflows. The Netflow currently sits at 285.9 billion tokens, indicating that whales are accumulating more tokens than they’re selling.
Large Holder Netflow is a crucial metric in evaluating long-term investor behavior. Sustained positive readings typically precede price rallies, as they reflect accumulation during periods of consolidation or minor retracements.
Such whale behavior also reinforces the idea that these players are betting on medium-to-long-term price appreciation, not short-term volatility. The consistency of this behavior indicates growing conviction among big players in the PEPE whales circle.
Retail Traders Are Also Accumulating: Spot Netflow Analysis
Interestingly, retail investors seem to be echoing the whales’ sentiment. Over the past five days, PEPE’s Spot Netflow has remained consistently negative, with a current reading of -$218,000.
In cryptocurrency markets, negative Spot Netflow suggests that more tokens are being withdrawn from exchanges than are being deposited, a classic sign of accumulation. Investors typically remove assets from trading platforms when they intend to hold them long-term, often moving them into cold storage or DeFi protocols.
This alignment between retail accumulation and PEPE whale behavior is a rare but powerful combination, indicating a potentially strong foundation for an upcoming bullish move. It also signals rising community confidence, an essential factor for memecoin success.
One of the most intriguing aspects of the current accumulation trend is its timing. Despite all this buying, PEPE’s price has remained within a narrow consolidation band, stuck between $0.0000085 and $0.0000092. It even retraced slightly after hitting $0.0000098 four days ago.
Can PEPE Realistically Reach $0.00001?
Technically, that target isn’t far-fetched. PEPE only needs to gain around 10% from its current level to test that resistance. However, for PEPE to not only reach but sustain that level, several conditions must align. First, the current whale inflows must be matched by broader market participation to maintain buying momentum.
Secondly, the token needs to break and hold above the $0.0000098 resistance, ideally with strong volume to trigger FOMO-driven retail buying. Third, positive sentiment, measured by social media buzz and trending mentions, is essential to fuel wider adoption.

Lastly, Bitcoin must remain stable or bullish; a downturn in BTC could easily derail meme coin rallies. If these factors fall into place, then yes, PEPE whales could indeed drive the token to $0.00001 and possibly beyond.
What Happens If PEPE Fails to Break Out?
While the signs are bullish, it’s important to consider the downside. If PEPE fails to break the $0.0000098 resistance, we may see extended consolidation or even a slight pullback to $0.0000084, especially if PEPE whales pause their accumulation or begin offloading.
Extended sideways action can lead to investor fatigue, especially in the meme coin sector where volatility and momentum drive engagement. If whales become impatient or if external market conditions shift negatively, we may see short-term declines or stagnation.
Nonetheless, the current data suggests this is less likely, as long as current buying patterns persist.
Conclusion
With 9 trillion tokens accumulated in just 24 hours, six straight days of positive PEPE whale netflows, and consistent negative Spot Netflows reflecting retail accumulation, the PEPE whales are clearly betting on a near-term price surge.
Though the token’s price remains within a tight band, the groundwork is being laid for a potential breakout toward $0.00001. If market conditions align and momentum builds, PEPE could surprise skeptics and reaffirm its position as a top-tier memecoin with staying power.
Glossary
Whale: A large investor who holds enough assets to influence the market.
Spot Netflow: Net movement of tokens on and off exchanges. Negative indicates accumulation.
Large Holder Netflow: The total net position change among large wallets.
Breakout: A price move beyond a set resistance or support level.
Consolidation: A period where the asset trades within a tight range without clear direction.
FAQs
Why are PEPE whales buying now?
Whales are likely buying ahead of a potential price rally, capitalizing on the current price consolidation.
Is $0.00001 a realistic price target for PEPE?
The meme coin only needs a modest upward move from current levels, and whale accumulation supports the possibility.
What is the significance of a negative Spot Netflow?
It typically means more people are withdrawing tokens to hold, signaling bullish sentiment.
What happens if PEPE doesn’t break resistance?
The meme coin may consolidate or dip to lower support zones, but current metrics suggest support is strong.