Here Are 4 Cryptocurrencies Whales Have Been Accumulating During the Dip

Bitget App

Trade smarter

Cryptodnes2024/12/14 20:22

By:Cryptodnes

A notable crypto market analyst has highlighted significant whale activity involving four major cryptocurrencies during this week’s market slump.

The tokens in focus are Bitcoin ( BTC ), Dogecoin ( DOGE ), Cardano ( ADA ), and XRP , all of which saw substantial accumulation by large investors.

Crypto strategist Ali Martinez shared that Cardano whales have been particularly active, amassing over 80 million ADA in just the last two days.

For Dogecoin, Martinez reported that investors holding between 10 million and 100 million DOGE seized the opportunity during the recent correction, purchasing 210 million DOGE.

VanEck Makes Price Prediction for Bitcoin, Ethereum, and Solana by 2025

Regarding Bitcoin, Martinez noted that high-net-worth investors are viewing every price drop as a buying opportunity. Over 340 new wallets holding at least 100 BTC were created as the flagship cryptocurrency’s price fell from $104,000 to $90,000.

Finally, XRP also attracted substantial interest during the dip. Wallets containing between 1 million and 10 million XRP accumulated over 100 million tokens during the correction, according to Martinez.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14