Ever notice how certain wallets move right before a trend catches fire?

Look at what's been happening with BONK over the past seven days. The flow patterns tell a story that's hard to ignore—large holders have been steadily accumulating at current price levels. Not the panicky buying you see during pumps, but calculated, persistent entries.

What makes this interesting? When institutional-sized wallets position themselves in SOL ecosystem memes, they're typically betting on broader market appetite returning. And within that playbook, BONK sits in a relatively established position compared to newer, more volatile alternatives.

The setup suggests these players are front-running what they expect to be a more risk-friendly environment. Whether that thesis plays out depends on macro conditions, but the positioning is already underway.

If this accumulation phase continues through early 2026, we might see some interesting price action once retail attention rotates back to Solana memes.