Persistent Whale Accumulates $MEME Despite $708K Unrealized Loss

A dedicated whale address has accumulated 30.65M $MEME over the past month, deploying $1.22M in capital to become the largest individual holder of the token.

Key Wallet Insights:
• Total Purchased: 30.65M $MEME ($1.22M spent)
• Current Unrealized Loss: -$708K (-58%)
• Latest Activity: Active buying continued within the last 10 hours.

Is this aggressive dollar-cost averaging a strategic play ahead of a trend reversal, or an overextended conviction trade? Share your perspective

Source: Arkham Intelligence

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