Ethereum Price, Pepe Coin accumulation is picking up steam once again and market analysts say that is the best sign yet that an "Ethereum season" could be just around the corner. Big wallets have been aggressively purchasing ETH while also scooping up the green-frog meme token and their behavior historically predicts where the next wave of capital crashes.
The wild card in this story is Remittix (RTX), a payments-first newcomer that whales now utilize as a leveraged play on network activity.
The first green light is the steady drain of ETH from centralized exchanges. Glassnode posts balances at fifteen-month lows, a trend that previously occurred just prior to the chain's late-2023 breakout. Meanwhile, staking deposits continue to grow even after the Dencun upgrade reduces rewards, absolute proof that investors prefer yield plus long-term appreciation over short-term flips.
A second catalyst is the steep drop in execution fees since proto-danksharding went live. Cheaper gas brings back retail users and every incremental increase in layer-two transactions directly flows into protocol revenue.
Coinbase Institutional analysts argue that if roll-up activity keeps doubling, the Ethereum Price, Pepe Coin correlation can work in ETH's favor because new profits make ETH a more attractive hold than risky meme plays.
On-chain trackers such as Lookonchain alerted that one address bought nine trillion Pepe Coin in one transaction last week, then moved the profit into wrapped ETH and stETH. Such activity suggests short-term traders are rolling profits from high-beta memes into blue-chip assets, another time-tested signal that an ETH run is near.
The meme token's internal setup remains bullish; resistance at the 0.618 Fibonacci is holding, and a higher-low is in the making. If a breakout occurs, the capital released could roll over into ETH. In every meme cycle since 2021, a three-digit percentage pop in Pepe-style coins has been followed within four weeks by a double-digit rally in the Ethereum Price, Pepe Coin pair.
While ETH is soaking up long-term capital, Remittix gives whales asymmetrical juice. RTX is trading at $0.0757, has raised more than $14.5 million, and sold 529 million tokens. The bait is simple: send BTC, ETH, or even Pepe Coin via the bridge and receive local fiat within minutes.
Each swap burns some quantity of supply and sends fee revenue to stakers, which makes RTX a yield token rather than a speculative chip.
European e-money licensing and a Solana Pay integration are both on the docket prior to October. Should they hit on time, Messari analysts project daily volume to 3×, which could nudge RTX towards mid-cap without enormous inflows. That potential is the reason why ETH and ADA whales have moved over $15 million into Remittix in the past month, a total monitored by Nansen's wallet labels.
To compare upside holders, a seven-cent to eighty-cent move would bring a ten-fold return, but ETH would need to eclipse $18,000 to achieve the same multiple. No wonder some traders call Remittix the outright Best Crypto Presale of 2024.
History shows that every alt-season starts with Bitcoin strength, transitions into ETH, and only then trickles down to lower caps. With BTC at near all-time highs, the script is familiar: rising Ethereum Price, Pepe Coin interest signals phase two and Remittix offers portfolios a high-torque bet on payments utility.
Smart allocation would split 50 % into ETH for stability, 20 % into Pepe Coin for momentum and 30 % into RTX for asymmetric upside. That combination offers the whole spectrum blue-chip security, meme-coin adrenaline and fee-sharing yield.
If ETF approval materializes or layer-two volumes take off, ETH can test $2,100 as early as next month. If bridge adoption accelerates, RTX could outdo that gain by multiples.
In short, whales are stacking ETH as fundamentals look better than at any time since the Merge. They play around with Pepe Coin to squeeze out returns and flip into Remittix for real-world revenue. Retail investors who follow the playbook now, before the height of media hype, may just find themselves riding the same wave of profit when "Ethereum season" actually starts.
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