Whale Alert: Floki & Pepe Memecoin Transfers Explode Over 550% - What’s Brewing?

Blockchain trackers are flashing red. Whale-sized movements in two of crypto's most notorious meme tokens just hit unprecedented velocity.

The Surge No One Predicted

Forget steady accumulation—this is a tidal wave. On-chain data reveals transfer volumes for Floki and Pepe have rocketed past the 550% growth mark. We're not talking retail FOMO; these are nine-figure shuffles between anonymous wallets and major exchanges. It's the kind of activity that typically precedes—or follows—a seismic price move.

Decoding the Whale's Playbook

So, what's the trigger? Speculation points to a cocktail of catalysts: leveraged positions being rebalanced, OTC deals settling off-book, or perhaps early accumulators taking profits before the next narrative cycle. The timing is curious, landing in a period of relative calm for broader crypto markets. It suggests these assets operate on their own volatile logic—detached from Bitcoin's dominance or Fed policy whispers.

The Meme Market's Immune System

This frenzy underscores a hard truth in decentralized finance: memecoins have developed a shockingly robust ecosystem. They're no longer just joke tokens; they're liquidity playgrounds for high-risk capital. While traditional analysts scoff at the 'lack of utility,' the whales are busy playing a different game entirely—one where community sentiment and social media virality are the only fundamentals that matter. After all, why bother with discounted cash flow models when a single influencer tweet can do the heavy lifting?

The moves are made. The market holds its breath. Whether this is the prelude to a pump or the quiet before a dump, one thing's clear: in the meme economy, the big players are writing their own rules—and laughing all the way to the (non-custodial) bank.

Memecoins Among The Coins With The Largest Whale Activity Growths

In a new post on X, on-chain analytics firm Santiment has shared the list of cryptocurrencies with a market cap of at least $500 million that have seen the largest weekly jumps in the Whale Transaction Count.

The “Whale Transaction Count” is an indicator that measures the total number of transfers occurring on a given network involving a value of more than $100,000. Transactions of this size are generally considered to reflect the activity of the whales, humongous entities who carry large amounts in their wallets.

When the value of the Whale Transaction Count rises, it means that the whales are ramping up their transfer activity. Such a trend can be a sign that interest in the asset is going up among the big-money traders. On the other hand, the indicator going down implies that the influential members of the market may be shifting their attention away from the cryptocurrency as they have reduced their on-chain participation.

Now, here is a table that shows how the major assets in the cryptocurrency sector rank against each other in terms of the percentage change in their Whale Transaction Count over the past week:

As is visible above, four tokens from the top 10 happen to be memecoins, assets that are tied to an online meme. Two of these are versions of Floki (FLOKI), with the ethereum blockchain version topping the list with a weekly Whale Transaction Count increase of a whopping 950%, while the BNB Chain version is third with the metric sitting at 550%.

Pepe (PEPE) has come second on the ranking, with whales on the network increasing their activity by 620%. The other memecoin on the list is Shiba Inu (SHIB), ranked tenth with an indicator jump of over 111%. Given that all of these memecoins have seen a substantial increase in the Whale Transaction Count during the past week, it would appear that big-money interest in these assets has reignited.

As for what a strong rise in the metric means, it’s usually hard to say anything for certain, as the Whale Transaction Count only includes the absolute number of whale-sized moves and contains no information about whether buying or selling is dominant. In general, though, volatility can be likely to follow spikes in whale activity.

In the case of the memecoins, the jump in the indicator has coincided with sharp price surges, pointing to accumulation being dominant.

Pepe Price

Pepe has enjoyed the strongest rally out of the memecoins that have seen an uptick in whale transfers, as its price has shot up by more than 47% in the past week.