Some PEPE holders have started capitulating. You can check out this wallet. Exactly one month ago, it scooped up 114.7B and just dumped it last night
According to IntoTheBlock, 81.99% of wallets are in the green right now, while a minority is experiencing some turbulence, which they'll likely ride out without much hassle
But remember, you can get a sense of the market by watching wallet activity. Last time, when 96% of all wallets were in profit, we saw a slowdown and a subsequent correction. This cycle will repeat several times