today's cryptocurrency
#WhaleActivity are limited. However, recent trends from earlier this month provide insights into the movements of large-scale investors:
Bitcoin (
$BTC ): Despite a 7% price dip in mid-March, Bitcoin attracted significant whale interest. On-chain data indicated a 1000% increase in large holders' netflow over a seven-day period, suggesting accumulation in anticipation of a market rebound.
Ethereum (
$ETH ): In early March, Ethereum experienced a resurgence in whale activity. Large holder netflows shifted from a negative 3,900 ETH on March 9 to a positive 196,830 ETH by March 11, indicating buying interest at prices below $2,000.
XRP and Cardano (
$ADA ): Whale investors have been accumulating
#xrp and ADA, expecting bullish trends. Major investors purchased millions of XRP tokens at $2.23 each, anticipating favorable market conditions. Similarly, Cardano's price remained above $0.80, bolstered by its developing platform and upcoming technological launches.
#AAVE (AAVE): In the first week of March, AAVE saw increased whale attention, with investors acquiring 50,000 tokens, contributing to a 14% price increase despite broader market volatility.
#ONDO (ONDO): Also in early March, ONDO experienced a 10,263% spike in large holders' netflow, signaling bullish sentiment and potential upward price pressure.
#Dogecoin (DOGE): Conversely, Dogecoin recorded a significant decline in whale transactions, with only 66 large transactions and fewer than 60,000 active addresses as of late February, indicating reduced engagement from major investors