Where the PEPE whales live: Analysis of massive accumulation after the 77% surge

In the cryptocurrency ecosystem, there are powerful actors known as “whales” — large holders who concentrate massive amounts of digital capital in their wallets. But where do these whales live? Not in the oceans, but in decentralized markets, where they operate with strategy and long-term vision. In recent weeks, these whales have coordinated movements around the PEPE token, acquiring significant positions even during periods of extreme volatility.

Crypto whales emerge as leading buyers

The behavior of these whales reveals an interesting pattern in the market. When PEPE’s price experienced a significant drop from its all-time highs, falling approximately 73%, it was precisely at that moment when large holders began aggressive buying. This type of movement is characteristic of institutional actors and whales seeking to maximize their positions when market sentiment is most pessimistic.

High-capacity wallets started accumulating billions of PEPE tokens during this correction, consolidating their holdings at a time when other investors considered it high risk. This behavior suggests a positive outlook on the future potential of the asset in question.

Strategic accumulation during market correction

The accumulation of PEPE by whales was not an isolated event but part of a broader strategy in the memecoin market. While most retail investors panicked over price drops, these market giants remained composed and capitalized on buying opportunities at depressed prices.

This accumulation phase is crucial in the lifecycle of any digital asset. Whales understand that moments of maximum pessimism often present the best entry opportunities. Their behavior acts as a confidence indicator for other market participants, creating a signaling effect that influences collective psychology.

Bullish breakout of 77%: When giants move, the market reacts

After massive accumulation, PEPE experienced a spectacular surge, breaking 77% in value. This explosive rise was no coincidence: it reflects the impact generated when large-scale actors like whales concentrate purchases in a specific asset.

The movement of PEPE’s price from depressed levels to a 77% increase demonstrates the market’s capacity to react to changes in ownership distribution. Currently, the token maintains moderate volatility, with fluctuations of -3.66% in the last 24 hours, according to data as of February 27, 2026.

When whales strategically position themselves in an asset and it experiences significant upward movements, the crypto community’s attention intensifies. This generates cycles of higher liquidity, increased retail investor participation, and more active market dynamics that benefit the token’s visibility within the overall ecosystem.