On-chain reappearance of the "counter-trend accumulation" signal, whales are beginning to reconstruct their cost range.

Monitoring shows that an address has once again made a large-scale purchase of PEPE after 8 months, with an additional holding of 800 billion tokens, worth approximately 3.08 million USD.
Tracing its historical operations, this address previously built a position of 660 billion tokens at an average price of about 0.0000122 USD on August 14. After this replenishment, its overall holding cost has been diluted to approximately 0.0000074286 USD, but it is still in a floating loss of about 5.094 million USD.
The logic behind this type of operation is very typical:
It is not simply bottom-fishing, but actively "reshaping the cost structure" through continuous accumulation, leaving room for a future rebound.
But it is important to note that—
Diluting costs ≠ reducing risk; before the trend reverses, this is still essentially a high-risk gamble.
Whales dare to increase their positions, indicating they are betting on a cycle reversal;
And whether the market is willing to buy in is the key to determining profit or loss.
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