Why are crypto whales betting on these 4 tokens?

Despite a recent market correction, crypto whales are increasing purchases of Bitcoin (BTC), Cardano (ADA), XRP and Dogecoin (DOGE). This strategy of accumulation during periods of decline could foreshadow major market developments.

Intense activity on the crypto market

The last 24 hours have seen a surge in activity among institutional investors and wealthy individuals, nicknamed “whales”. According to recent data, these major players are taking advantage of the correction to massively buy Bitcoin (BTC), Cardano (ADA), XRP and Dogecoin (DOGE).

Ali Martinez, a renowned crypto analyst, reports that the large transactions in these assets show a clear strategy: with each drop, buy more. This trend reflects sustained confidence in the long-term potential of cryptos, despite short-term fluctuations.

Bitcoin, still considered the digital gold standard, continues to attract big wallets. While its price is already at its highest around $101,000, these investors see it as a strategic opportunity, suggesting a potential rebound.

Cardano, XRP and Dogecoin in the crosshairs

Cardano (ADA) stands out for sustained whale activity. Indeed, they have accumulated more than 80 million ADA tokens over the last two days. Although the price fell 6.22% to $1.14 per token, this accumulation reflects confidence in Cardano’s long-term plans, including its smart contracts and interoperability initiatives.

For its part, XRP is benefiting from renewed interest. Wallets holding between 1 and 10 million tokens purchased over 100 million units during the decline. Affected for many years by legal disputes, XRP seems to be rebounding as fears linked to SEC actions ease since Trump’s re-election in the United States.

Finally, Dogecoin (DOGE), despite its volatile nature, remains a target of whales. Martinez notes that approximately 210 million DOGE has been acquired recently by investors holding between 10 and 100 million tokens. With a current price of $0.402, whales are showing sustained confidence in this token, often driven by community trends.

This intense whale activity on several altcoins and Bitcoin could be a harbinger of new market dynamics. The buy-the-dip strategy appears to be growing in popularity, reinforcing the idea that these investors are preparing their positions for a possible recovery.

However, it remains premature to declare a true “altcoin season”. Macroeconomic indicators, decisions by regulators and technological developments will play a crucial role in the weeks to come. Savvy investors will watch these moves closely for clearer signals.

Fenelon L.

Passionate about Bitcoin, I like to explore the intricacies of blockchain and cryptos and I share my discoveries with the community. My dream is to live in a world where privacy and financial freedom are guaranteed for everyone, and I firmly believe that Bitcoin is the tool that can make this possible.