Ethereum whales have acquired 1.1 million ETH, valued at approximately $2.45 billion, over the past 48 hours despite a general market downturn. This significant accumulation has coincided with large outflows of over 400,000 ETH from Kraken, prompting speculation about whale activity and potential institutional repositioning. Meanwhile, the newly launched meme coin Cocoro (COCORO), inspired by Atsuko Sato's recently adopted Shiba Inu and officially licensed by Own the Doge, has surged to a market cap of $100 million within its first hour. The token launch on the Base layer-2 network was designed to prevent unofficial coin releases and benefit the Own the Doge DAO and supporters of Atsuko Sato's Doge-related projects. Airdrops were distributed to holders of DOG and NEIRO tokens, and 75% of the Cocoro tokens were locked in liquidity pools. Cocoro's rapid rise has attracted attention from investors, with one whale reportedly spending 172.2 ETH ($365,200) to purchase 22.3 million tokens, now valued at approximately $2 million. Another investor turned a $45,000 investment into $1.11 million within an hour, showcasing the high-risk, high-reward dynamics of the meme coin market.