MEME: Whale Adds 30.65M Tokens Despite $708K Loss

@lookonchain tracked a relentless MEME buyer who deployed $1.22M across the past month to secure 30.65M tokens and claim the largest holder position.

The address now carries a $708K unrealized loss at -58% yet continued accumulation just 10 hours ago, underscoring conviction even as broader MEME price prediction models factor in persistent selling pressure from earlier cycles.

On the 4h chart MEME trades inside the Bollinger Bands at $0.0 with EMA50 and EMA200 both at $0.0, RSI(14) at 50.86 reading neutral and MACD(12,26) printing a bullish golden cross at 0.0, pointing to balanced momentum where any test of upper band resistance could meet immediate supply before a potential retest of the flat EMA confluence.