A persistent trader has become the largest holder of $MEME after spending $1.22 million to accumulate 30.65 million tokens over the past month. The whale continues to add to their position despite significant unrealized losses. The top holder is currently sitting on a $708,000 loss, representing a 58% drawdown on their investment. On-chain data shows the trader was still purchasing $MEME as recently as 10 hours ago, maintaining an aggressive accumulation strategy amid declining prices.