In the fast-paced world of meme coins, spotting accumulation patterns can be a game-changer for traders looking to ride the next wave. A recent post from onchain data enthusiast Chyan highlights exactly that for $USELESS, a Solana-based token that's been quietly building momentum despite market uncertainty.

Chyan, leveraging tools from Nansen AI, breaks down the 24-hour flows and positioning for $USELESS. For those new to the term, accumulation refers to a phase where big players—often called whales—buy up tokens at lower prices, setting the stage for potential upward movement. It's like stocking up on inventory before a big sale, but in crypto terms.

Here's what the data shows:

• Top PnL Wallets: These are wallets with strong profit-and-loss track records. Over the last day, seven such traders have netted +$261.3K, which is about 3 times the average. This suggests experienced players are betting big on $USELESS.

• Whale Activity: Whales, or large holders, have accumulated +$266.2K worth across 20 wallets. Notably, this includes figures like Bonk Guy, a known player in the meme space.

• Exchange Net Outflows: A negative $176.8K in outflows means tokens are leaving centralized exchanges (CEXs) like Coinbase. When supply moves off exchanges, it's often a sign of holders planning to HODL (hold on for dear life) rather than sell, which can reduce selling pressure.

• Fresh Wallets: New participants have poured in +$2M, indicating growing retail interest. Fresh money entering during dips is a classic bullish signal.

Key holders mentioned include yeomyung.sol, sitting on $2.7M worth (27.9M tokens, or 2.78% of the total supply). Another standout is a wallet from the Top 100 PUMP Leaderboard adding 2.6M tokens, and the biggest single buy clocking in at $59.8K in USDC.

The chart shared in the post visualizes this setup on TradingView, with indicators like RSI (Relative Strength Index) dipping into oversold territory before a potential rebound. The "Target" label points to an upward trajectory, aligning with the accumulation narrative.

Chyan's readout sums it up well: Smart traders and whales are buying into the fear, uncertainty, and doubt (FUD) that's keeping prices low. This isn't random noise—it's confident positioning that could form a solid base for the next price leg up, especially if broader market conditions improve.

For context, $USELESS is a meme token on Solana with the contract address Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk. Meme tokens like this thrive on community hype and viral moments, but onchain data adds a layer of insight beyond just memes.

If you're diving into meme trading, tools like Nansen can help track these flows in real-time. Chyan even shares a promo for 10% off their plans, starting at $49/month—handy for anyone wanting to follow smart money moves.

As always in crypto, this isn't financial advice. Do your own research (DYOR) and consider the high volatility of meme coins. But patterns like this in $USELESS could be worth watching for those in the know.