币界网报道：Ethereum whales have been actively accumulating PEPE tokens despite the meme coin's recent 18% price drop, according to on-chain data. Blockchain analytics firm Lookonchain reported that a single whale address sold 1.97 trillion PEPE tokens (worth approximately $2.5 million) on Binance, contributing to the token's downward pressure. However, this sell-off appears to be an isolated event, as multiple whale wallets have been accumulating PEPE during the price dip. One notable whale purchased 282.9 billion PEPE ($350,000) just hours before the large sell transaction. The contrasting whale activity highlights the divided sentiment among large holders, with some taking profits while others see the dip as a buying opportunity. PEPE's trading volume remains elevated at $1.2 billion despite the price decline, suggesting continued strong interest in the meme coin. The token's market capitalization currently stands at $1.2 billion, maintaining its position as one of the top meme coins in the crypto market. Analysts note that whale accumulation during price drops often precedes potential price recoveries, though meme coins like PEPE remain highly volatile and speculative assets. The Ethereum network continues to host significant PEPE transactions, with gas fees occasionally spiking during periods of high meme coin trading activity.