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

Monitoring shows that an address, after 8 months, has once again made a large purchase of PEPE, with an additional holding of 800 billion tokens in this round, worth approximately 3.08 million USD.
Tracing back 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 cost basis has been diluted to approximately 0.0000074286 USD, but it is still currently 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 the cost basis ≠ reducing risk; before the trend reverses, this remains a high-risk gamble.
Whales dare to increase their positions, indicating they are betting on a trend reversal;
And whether the market is willing to buy in is the key to determining profit or loss.
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