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What Are Crypto Whales Investing in Post-Market Crash?


What Are Crypto Whales Investing in Post-Market Crash?

In light of notable price declines in the cryptocurrency market, whales have shown strategic interest in accumulating specific altcoins, namely FET, LINK, and WLD. This trend of accumulation comes as the altcoin market cap has dramatically reduced from $333 billion on January 19 to approximately $245 billion today.

The significant rise in large wallets holding these tokens indicates that substantial investors believe in the potential value these assets hold at the current pricing. Such patterns of accumulation observed in FET, LINK, and WLD could suggest that whales are positioning themselves for expected market recoveries.

Artificial Superintelligence Alliance (FET)

FET has recently experienced a considerable price correction, having dropped by 40% within the past month, bringing its market capitalization down to $1.58 billion. This decline is stark compared to its peak of over $5 billion achieved in December 2024, aligning with a broader sell-off in artificial intelligence cryptocurrencies.

Interestingly, despite witnessing over a 9% hit this past week, the number of addresses holding between 100,000 and 1,000,000 FET surged from 394 to 403. This growing number of large holders reflects an increasing confidence among major investors, who may be seizing the opportunity presented by current low prices to prepare for a rebound. Should this trend continue, it could pave the way for price stabilization and a future recovery in FET.

Chainlink (LINK)

Chainlink has also faced harsh market realities, experiencing a drop of over 13% in value this past week alone, which has pushed its market capitalization below $10 billion, removing it from the top ten cryptocurrencies list. LINK’s price has lingered under $24 for almost a month, signaling a bearish sentiment in the market.

However, signs of potential recovery are starting to surface among whale investors. While the number of large LINK holders decreased from 577 to 566 during February, a significant uptick was noted on February 25, when the number rose again to 578. This renewed accumulation could indicate a returning confidence from whales and might help propel LINK above the long-standing resistance of $24.

Worldcoin (WLD)

Similarly, Worldcoin has suffered a major market correction, marking a decline of over 41% in price during the past month, which has significantly dwindled its market cap to $1.17 billion, down from nearly $3 billion. The current downtrend highlights considerable selling pressure and a potential decline in investor confidence surrounding the Worldcoin project.

Despite the sharp decline, whale activity suggests a possible shift in sentiment. The number of whales holding between 1,000,000 and 10,000,000 WLD has risen to 173, the highest since December 29, 2024. This change in accumulation by large investors could imply that they view present price levels as prime buying opportunities, potentially anticipating a recovery in the future.

By Taha Feyz at 2 weeks, 1 day ago
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