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Why Are Dormant BTC Wallets Waking Up to Buy Bitcoin’s First Ever Layer 2?

01 July 2025 09:00, UTC

On-chain data never lies. Dormant BTC wallets that haven’t transacted in years are suddenly waking up, but they’re not selling BTC—they are buying Bitcoin Pepe. This is the world’s first meme-focused layer 2 built on Bitcoin, and something has excited these enormous players in the depths of the BTC ecosystem.

Bitcoin dominance continues to make new highs as BTC spot ETFs, rising institutional interest, and macro tailwinds turn BTC into the killer asset of the cycle. But smart money is already asking—what’s next? What comes after Bitcoin?

For dormant BTC whales, the answer is clear. The next wave of value will be captured by the protocols and primitives built on top of Bitcoin, and BPEP is leading the charge. Read on to learn more about the project aiming to bring BTC into the modern era.

Dormant Bitcoin whales begin to move

Dormant wallets provide a unique signal in crypto. These are long-time holders who often sit out all the short-term trends and fads that appear in each cycle. When they move, they do so with a strong conviction.

Recent data shows a meaningful uptick in dormant wallets purchasing presale allocations of Bitcoin Pepe, which has already raised an impressive $16.1m. And these whales are betting that the next big value creation vector is Bitcoin layer 2s.

These dormant players are betting on infrastructure. And BPEP, with its PEP-20 standard and meme-first UX, is the clearest early player in the rapidly growing Bitcoin layer 2 trade.

Bitcoin Pepe leads the BTC layer 2 charge

Everyone remembers Ethereum’s pivot to layer 2s, and now in 2025, it’s Bitcoin’s turn. For years, Bitcoin has been a passive asset. But that era is ending. Bitcoin Pepe is new infrastructure that will scale the world’s most valuable blockchain into a programmable, DeFi-enabled, and high-octane trading economy. This means yield, speculation, and DeFi are all being ported to Bitcoin, and BPEP is the gateway.

Bitcoin Pepe is pioneering a new layer for Bitcoin-based apps, and its PEP-20 token standard gives anyone the power to launch assets directly on Bitcoin. It’s pure, native, designed to scale, and has already confirmed listings from BitMart and MEXC as large industry players start to converge on the Bitcoin layer 2 narrative.

How Bitcoin Pepe is powering a BTC-first revolution

The success of Ethereum was driven by the ERC-20 standard. It allowed anyone to create tokens and build businesses directly on-chain. PEP-20 is Bitcoin’s equivalent. And leaked screenshots show a block explorer signaling that this project could launch sooner than most expect.

The PEP-20 is the token standard that will open the floodgates to experimentation. All of the activity that has taken place on Solana and Ethereum is now coming to Bitcoin, but with a $2 trillion piggy bank of dormant capital. This is why long-dormant whales are buying now. They see what’s coming.

The current BPEP price of $0.0437 looks heavily undervalued, and it is impossible to ignore the signal of a $16.1m raise. With confirmed listings on MEXC and BitMart, and more listing announcements coming, momentum has reached terminal velocity.

Bitcoin has ripped. And Bitcoin L2s are about to enter their parabolic phase with BPEP first in line. Investors can still purchase before the presale ends. Because by the time this narrative goes mainstream, BPEP won’t be as cheap as it is today.

To learn more and purchase BPEP, visit the official Bitcoin Pepe website.