Pepe (PEPE), a large-cap meme coin on Ethereum, has entered its sixth consecutive week of decline. However, on-chain data shows that smart money accumulation remains intact. As meme coins lose favor amid weakening market liquidity, questions are rising over whether PEPE can stage a recovery. Top PEPE Whale Wallets Bet on a Bullish Reversal Last month, James Wynn, a well-known trader on Hyperliquid with large PEPE long positions, predicted that PEPE’s market capitalization could reach $69 billion by 2026
source: https://beincrypto.com/whales-accumulate-23t-pepe-recovery/