What's going on with Ethereum? OG eth whales are no longer backing memes ?
In my little research I noticed that there is still evidence that they are actively investing in memecoins, with no big signs of slowing down.. the obvious ones are easy to find like $DOGE, $SHIB, $PEPE, $FLOKI.. for example $DOGE has seen $1.8B worth being scooped since Oct 2025 while $FLOKI has seen above $100k transactions and a 950% surge.. I noticed the same renewed interest in $SHIB and $PEPE..
However, what about new memes? Would love to hear you all opinions but there is one that is catching my attention with regards to ethereum OGs movements: Yee Token ($YEE)
Let me explain, I see that OG Whales seem to be betting on the so called "Meme Trilogy Prophecy": DOGE (2021-2022) -> PEPE (2023-2024) -> YEE (2026 - 2027).
Stealth launched as an ERC-20 token on Ethereum with contract address 0x9ac9468e7e3e1d194080827226b45d0b892c77fd (CMC LINK) $YEE draws from a 2008 viral meme featuring a dinosaur "Yee" with lore rooted in 4chan and Reddit, emphasizing resilience with slogans like "Yee Neva Lose"
I found some evidence digging etherscan to find if some OG Ethereum whales are behind $YEE. In my research, two Coinbase-funded wallets recently bought into $YEE: one holding $100K (with $85K in USDC) and another with $48K, indicating institutional grade like interest. Very old wallets have been accumulating also.. A public bullish one was a transaction from legendary dev u/defidillon (linked to mega .eth whales) that bought 50k $YEE and spared another 450k USDC to keep stacking.. Broader whale activity on Ethereum, like 323K ETH ($1.12B) buys below $3K, aligns with $YEE's influx of new capital since November, outpacing other ETH protocols. I don't think is hype, it's community-driven momentum and holders at all-time highs still not touching their wallets.. is it a whale backed bet on memecoin revival on Ethereum??
Whats your take on it? Any other token that you see with such movements?