Memecoins Whales Pulled Off Exchanges This Week: PEPE, SHIB, FLOKI

This is the weekly edition of Deep Blue Alpha’s memecoin exchange-flow report. Each Monday it answers one narrow question: which Ethereum memecoins did tracked whale wallets pull off centralized exchanges over the previous seven days, and how lopsided was that flow? The answer comes from whale-scoped data only — wallets on the Deep Blue Alpha tracked list of 20,000+ wallets — not from every holder of every token.

This first edition covers Sunday, October 4 through Saturday, October 10, 2026 (UTC) and compares it with September 27 to October 3. The short version: a large week for three tokens, a quiet week for everything else.

Which memecoins did whales pull off exchanges this week?

Ranked by net leaving exchanges (withdrawals minus deposits), here are the ten memecoins with the most whale flow out of exchanges over October 4–10. Every token name links to its live token page.

The honest reading of this table starts with the gap between row 3 and row 4. PEPE, SHIB and FLOKI each had between $5.0M and $6.8M withdrawn from exchanges. MOG, in fourth place, had $28.8K. Together the top three made up $17.5M of the sector’s $17.8M in withdrawals — 98.5% — and 139 of the week’s 286 whale moves.

Below the top three, the numbers are small and the wallet counts are thin. Fifteen other memecoins finished the week with positive net flow, but together they added only $116.2K. Nine of those fifteen had a single wallet behind them, and thirteen came in under $15K. A token that ranks eighth because one wallet withdrew $4.8K of it is a real data point, but it is not a trend, and it is listed here for completeness rather than emphasis.

Prices did not move with the flow in any tidy way. Over the seven days to October 11, PEPE was down 1.9%, SHIB down 3.8% and FLOKI up 0.4%, according to CoinGecko. The flow table records custody decisions; it is not a price chart, and the two are shown side by side only so the context is visible.

How did this week compare with last week?

The sector total leaned further toward withdrawals this week, but on noticeably less activity.

Deposits fell faster than withdrawals, which is why the withdrawal share rose from 80.3% to 88.7% even as total activity dropped by about a third. For a wider frame, the trailing 30 days (September 11 to October 10) saw $66.4M withdrawn, $24.6M deposited and $41.8M net leaving exchanges across 43 memecoins and 1,576 whale moves. This single week supplied 37.2% of that 30-day net.

The mix of tokens shifted more than the totals did:

PEPE was still first, but its net fell from $16.3M to $6.2M. SHIB’s net more than doubled, from $2.0M to $4.9M. FLOKI swung from a small deposit lean of −$360.6K to $4.8M leaving exchanges. Concentration itself was not new: in the prior week the same three tokens made up 97.4% of withdrawals, and PEPE alone was 75.8%.

Where was the flow concentrated in one or two wallets?

Wallet counts tell part of the story; the largest single moves tell the rest. Several of the week’s headline numbers trace back to a handful of transfers on one day, October 5.

FLOKI is the clearest case. Its $5.0M of withdrawals looks like the third-largest memecoin story of the week, and it was — but nearly all of it was two transfers of about $2.4M each, made by two wallets on the same day. One of those wallets also made the week’s single largest memecoin withdrawal, $4.7M of SHIB. The other had withdrawn $4.4M and $4.3M of PEPE on October 2 and 3, in the prior week’s window. Two wallets, in other words, sit behind a large part of the last fortnight’s memecoin flow.

PEPE was the broadest of the three. Its net was concentrated in time — October 5 and 6 carried 94.3% of it — but 28 different wallets made 52 moves, which is a wider base than any other memecoin on the list.

Which memecoins leaned toward exchange deposits?

Two memecoins finished the week with more sent to exchanges than pulled off them. Coins arriving at exchanges are commonly read as distribution-side flow, the mirror image of the withdrawal read.

NPC (Non-Playable Coin) is another single-wallet story: its entire $288.5K deposit total was one transfer on October 8. The same wallet had withdrawn $282.3K of NPC on September 29, so across the two weeks it largely moved the coins off an exchange and back. NPC was also the one memecoin with meaningful DEX activity — $45.3K bought and $48.6K sold in DEX swaps, 23.9% of its whale dollar volume.

SPX6900 was more spread out, with nine wallets and 14 moves, and it leaned toward deposits for a second straight week (−$541.7K the week before). Its price was down 13.6% over the seven days to October 11.

How to read this weekly report

A few conventions keep the numbers honest:

• Withdrawals are not purchases. Coins leaving an exchange are commonly read as accumulation-side flow, because the holder is taking custody. Coins arriving are commonly read as distribution-side flow. Both are heuristics about past movements, not records of intent.
• This is exchange flow, not swapping. DEX swaps were under 1% of whale memecoin dollar volume this week, so the words “bought” and “sold” appear on this page only for actual DEX swap rows.
• Check wallets before reading size. A large figure from one wallet tells a narrower story than a smaller figure from 28 wallets.
• Whale-scoped only. Figures cover wallets on the Deep Blue Alpha tracked list, not all holders. Retail flow, other chains and wallets outside the list are not included.

Methodology

Whale-scoped means wallets on Deep Blue Alpha’s tracked whale list (about 21,880 wallets at the time of writing). Exchange-flow rows are kept for 30 days, so every comparison on this page uses fixed windows inside that range: this week is 2026-10-04 00:00 to 2026-10-10 23:59 UTC, the prior week is 2026-09-27 00:00 to 2026-10-03 23:59 UTC, and the 30-day frame is 2026-09-11 00:00 to 2026-10-10 23:59 UTC. Memecoins are identified by Ethereum contract address against CoinGecko’s meme category; 43 memecoins had tracked whale flow in the 30-day window. Prices and 7-day price changes are from CoinGecko, pulled at 2026-10-11 18:30 UTC.

How to check memecoin whale exchange flow yourself

The same method can be run any day of the week with free Deep Blue Alpha pages:

1. Open the live board. The memecoin whale board shows which memecoins tracked whales are moving right now, with net flow and move counts.
2. Open each token page. /token/PEPE, /token/SHIB and /token/FLOKI show the whale move history per token.
3. Separate exchange flow from DEX swaps. Exchange withdrawals and deposits are custody moves; only swap rows are swaps.
4. Sum over a fixed window. Withdrawals minus deposits gives net leaving exchanges; withdrawals divided by the total gives the withdrawal share.
5. Check wallet count and the largest move. If one or two transfers make up most of the figure, say so.
6. Compare. Set the week against the prior week and the 30-day ranking.

For a full walkthrough of memecoin whale tracking, see How to Track Memecoin Whales on Ethereum.

Frequently asked questions

Did whales buy PEPE, SHIB or FLOKI this week?

The data does not show purchases. Almost all of the week’s memecoin whale activity was exchange flow, and DEX swaps were under 1% of whale memecoin dollar volume ($62.2K bought and $117.1K sold on DEXes). PEPE, SHIB and FLOKI were withdrawn from exchanges, which is commonly read as accumulation-side flow, but a withdrawal is not a purchase.

How often is this page updated?

Every week. Each Monday edition covers the previous Sunday-to-Saturday window in UTC and compares it with the week before. Between editions, the live memecoin whale board and the whale feed show moves as they happen.

Why does a token with $4K of flow appear in the top 10?

Because the ranking is by net leaving exchanges, and below the top three the numbers drop sharply. Positions four through ten are listed for completeness; most of them reflect one or two wallets.

Bottom line

Over October 4–10, 2026, tracked whale wallets pulled $17.8M of memecoins off exchanges and sent $2.3M in, for $15.5M net leaving exchanges. PEPE, SHIB and FLOKI made up 98.5% of the withdrawals; nothing else on the list cleared $30K net. Much of the headline flow traces to a few wallets on October 5, including one wallet whose SHIB and FLOKI withdrawals came to 39.8% of the sector total. NPC and SPX leaned toward deposits.

Compared with the prior week, withdrawals fell 25.2%, deposits fell 61.3% and whale moves fell 36.7%, so the flow leaned further toward withdrawals on lighter activity. The next edition replaces these figures with the following week’s data.

Related reading

Top 50 Ethereum Memecoins Ranked by Whale Activity

The 30-day ranking behind this weekly report, token by token.

PEPE vs SHIB Whale Flow

How whale exchange flow compared for the two largest Ethereum memecoins.

How to Track Memecoin Whales on Ethereum

The full method for finding and reading memecoin whale moves.

Exchange Withdrawals vs DEX Swaps

Why exchange flow and DEX swaps are different measurements.

Crypto Exchange Inflows & Outflows Explained

The general framework for reading coins arriving at and leaving exchanges.

PEPE Whale Report 2026

A deeper look at tracked whale activity in the largest Ethereum memecoin.

Live memecoin whale board → /token/PEPE live data → /token/SHIB live data → /token/FLOKI live data → Live whale feed →