Why Are Crypto Whales Betting On These 4 Tokens?

Despite a recent correction in the markets, crypto whales are multiplying their purchases of Bitcoin (BTC), Cardano (ADA), XRP, and Dogecoin (DOGE). This accumulation strategy during a downturn could foreshadow major market developments.

Intense activity in the crypto market

The last 24 hours have seen a resurgence of activity among institutional and wealthy individual investors, 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 recognized analyst in the crypto field, reports that large transactions on these assets show a clear strategy: buy more with every dip. This trend reflects sustained confidence in the long-term potential of cryptos, despite short-term fluctuations.

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

Cardano, XRP, and Dogecoin in the crosshairs

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

On its part, XRP is seeing a 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 related to SEC actions wane following Trump’s reelection in the United States.

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

This intense activity of whales across various altcoins and Bitcoin could be a precursor to a new market dynamic. The “buy-the-dip” strategy appears to be gaining popularity, reinforcing the idea that these investors are preparing their positions for a potential recovery.

However, it is premature to declare a true “altcoin season“. Macroeconomic indicators, regulatory decisions, and technological developments will play a crucial role in the weeks to come. Savvy investors will closely monitor these movements to detect clearer signals.