Crypto Whales Picks These 3 Altcoins For Big Profits Profits This Week 🐋
As the crypto market turns bullish, whales are acquiring Arbitrum, XRP, and Ondo, potentially setting these cryptos up for success in the altcoin season.
Arbitrum's Surprising Popularity
Despite its downturn, whales are heavily investing in Arbitrum, likely influenced by the Ethereum ETF. Currently priced at $0.7204 with a 24hr growth of 3.18%, ARB is down nearly 58% YTD. Data shows a 870% increase in large holders' netflow over the past week, indicating higher inflows and increased accumulation.
Ripple's Impressive Performance
XRP has risen by 25.4% in the last 30 days and 7% in the last week. Santiment reports a rise in addresses holding 100 million to 1 billion XRP tokens since July 13. This increased confidence has helped XRP outperform BTC and ETH, with its price reaching $0.60. Continued acquisition and favorable market conditions could push XRP to new highs.
ONDO's Renewed Accumulation
ONDO hit an all-time high of $1.42 nearly two months ago but dropped 32%. Whales see this dip as a buying opportunity, with a 1468% increase in large holders' flow over the past week. If this trend continues, ONDO could surpass its resistance at $1.42.
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