BTC is down 52% from its October all time high of $126,220, and the Fear and Greed Index sitting at 8 matches the extreme readings that preceded every major recovery in 2020 and 2022. The pattern is the same every time: fear wipes out the weak hands, smart money loads, and the next leg up rewards the wallets that acted while everyone else froze.

Behind the large cap recovery forming right now, one presale from the original Pepe cofounder has absorbed more than $8 million from wallets that s