$MEME Whale 0x0c17 Buys $1.04M, Takes Top Holder Spot
At $930K, the position remains below cost, while 0x0c17's status as the largest $MEME holder makes the 10-day accumulation a concentrated on-chain signal.
Every Zipp story tagged #DipBuying, newest first.
At $930K, the position remains below cost, while 0x0c17's status as the largest $MEME holder makes the 10-day accumulation a concentrated on-chain signal.
The token had already crashed 98% before the buy; another 87% drop later, the trade illustrates the asymmetric downside of catching falling knives in tiny-cap memecoins.
Krown's data frames the worst drawdowns as the highest-conviction entry points in any Bitcoin cycle, with two-year returns even stronger.
Bitwise's research note argues institutional dip-buying is structurally lifting bitcoin's price floor, even with regulatory clarity delayed and AI capital competing for the same allocator wallet.
A fresh wallet, no history, no obvious label: the kind of address that usually means accumulation rather than rotation, and the size lines up with quiet institutional accumulation rather than retail…
The 3% drop was driven by Nikkei weakness and a leverage flush, not isolated BTC flow, with long/short taker volume tilting 51/49 toward buyers despite the slide.