What Are Crypto Whales Accumulating Post-Market Correction?

The cryptocurrency market experienced a significant dip of nearly 10% in the past 24 hours, largely influenced by diminishing excitement over the U.S. crypto reserve and newly imposed tariffs by Donald Trump on trade partners like Mexico, Canada, and China. This environment of heightened pressure is intensifying an already ongoing market correction.

In the midst of this downturn, notable crypto whales have seized the opportunity to accumulate substantial amounts of ADA, CAKE, and RENDER, signaling signs of strategic buying behavior as prices drop. Cardano (ADA) has faced a sharp decline of 16% over just a day, grappling to maintain support levels underneath $0.85. In contrast, PancakeSwap (CAKE) has witnessed increased interest due to its performance as one of the leading revenue-generating protocols recently. At the same time, RENDER has seen a staggering 33% decline over the past month.

Cardano (ADA)

In the wake of the latest market corrections, crypto whales have been spotted acquiring ADA aggressively, even as its price fell by 16% in a single day. Following its momentary rise due to its visibility in the U.S. crypto strategic reserve, bearish sentiments have taken hold. Nevertheless, the accumulating activity from whales could be interpreted as a demonstration of confidence in ADA's long-term viability.

The number of whales holding between 1 million and 10 million ADA increased from 2,442 on March 1 to 2,464 by March 3, suggesting that many are taking advantage of the price drop. However, ADA continues to struggle to reclaim essential resistance levels and is now trading below $0.85 with a possibility of sliding down to $0.70. Market sentiment surrounding ADA's role in the U.S. strategic reserve remains uncertain, potentially influencing ongoing selling pressure. Should the market mood shift positively, ADA could experience a resurgence, aiming to test resistance levels at $1.10 or even $1.20.

PancakeSwap (CAKE)

Recently, CAKE has demonstrated remarkable growth, establishing itself as one of the elite revenue-generating protocols over the past 30 days. This growth trajectory corresponds with rising trading volumes for BNB, which competes against Solana and Ethereum, fueling enhanced market interest.

As CAKE surged, it attracted attention from crypto whales, evident in the increase of wallets holding between 1 million and 10 million CAKE — rising from 26 on March 1 to 30 today. Maintaining its bullish trend largely depends on maintaining support at $1.35. With a recovery in both BNB and CAKE momentum, there could be a chance to test resistance levels near $2, and possibly even soar beyond $2.60 if conditions allow.

Render (RENDER)

While RENDER remains a prominent player within the AI cryptocurrency realm, much like its counterparts, it has encountered challenges in 2025, with its value plummeting by 33% over the past month.

The prevailing bearish trend has fostered an atmosphere of skepticism, which keeps selling pressures elevated. Currently, RENDER is at a critical juncture; any further downturn could spell trouble unless favorable momentum surfaces. Nevertheless, even amidst these challenges, crypto whales have begun accumulating RENDER, as evidenced by the uptick in wallets holding between 100,000 and 10 million tokens, which grew from 153 on March 1 to 161 presently.

RENDER's price is hovering around the crucial support level of $3.30. Failing to maintain this support could lead to further setbacks, while a reversal could see it test resistance at $3.90 and endeavor to break above the $4 threshold.

In summary, amidst falling crypto prices and market stability concerns brought on by external economic factors, significant buying patterns from cryptocurrency whales indicate a potential optimism for ADA, CAKE, and RENDER in the upcoming days. Monitoring market sentiment will be vital in determining the next trends in these crypto assets.