VISI.NEWS | BANDUNG – As global markets show early signs of rebounding with macroeconomic pressures easing, cryptocurrency whales are making decisive moves, channeling significant capital into select digital assets.
Ethereum (ETH) has emerged as a top target. Despite ETH’s lackluster price action over the past week, large investors saw an opportunity to accumulate, anticipating a rebound. Data from IntoTheBlock reveals that net inflows from major ETH holders surged by 95% last week, indicating heightened buying interest. These large holders — defined as wallets owning more than 0.1% of ETH’s circulating supply — appear to be positioning for possible price gains, a trend that could inspire retail investors to follow suit and potentially drive ETH higher.
Meanwhile, Ondo Finance (ONDO), a token backed by real-world assets (RWA), is also drawing attention. According to Santiment, whale wallets holding between 100 and 100,000 ONDO tokens collectively acquired around 3 million ONDO in just the past week. This accumulation underscores growing confidence in ONDO’s near-term outlook.
Should demand continue to build, analysts suggest ONDO could break above its key resistance at $0.92. However, a shift in market sentiment might prompt whales to secure profits, pushing the price back toward $0.66.
Similarly, Chainlink (LINK) has experienced a surge in large-scale transactions. Santiment data highlights a steady rise in LINK transactions valued over $100,000 and $1 million, pointing to increased whale activity and optimism around the asset. If this momentum holds, analysts believe LINK could climb toward $15.53. Conversely, any dip in demand might see LINK retrace to the $11.04 level.
With whales actively repositioning across these major assets, the coming weeks could be pivotal for the broader crypto landscape. Investors will be watching closely to see if retail traders follow suit, potentially amplifying upward pressure on prices. @ffr
