Lookonchain
Wallet 0x0c17 spent $1.04M over the past 10 days to buy 20.31M $MEME at an average price of $0.051. The position is now valued at $930K, and the purchases make 0x0c17 the largest $MEME holder.
Why it matters
Buying during a dip turns one wallet's activity into a visible accumulation signal for traders tracking $MEME on-chain. The address's largest-holder status also makes its future movements relevant to anyone assessing holder concentration.
Market impact
The signal comes from the decision to buy through weakness, while the position's $930K value remains below the $1.04M spent. Further accumulation would reinforce the read, while transfers out would change it.
Frequently asked questions
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How many $MEME tokens did 0x0c17 buy over the 10-day period?
The wallet bought 20.31M $MEME over the past 10 days.
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What average price did 0x0c17 pay for $MEME?
The average purchase price was $0.051.
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What is the current value of the whale's $MEME position?
The position is currently valued at $930K, below the $1.04M spent to acquire it.
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Why does buying during a dip matter for $MEME on-chain traders?
It makes the activity a visible accumulation signal, while 0x0c17's largest-holder status puts more focus on holder concentration.
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What should traders watch after 0x0c17's 10-day buying period?
Further accumulation would reinforce the read, while transfers out from 0x0c17 would change how the position is assessed.
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