As the new year begins, crypto whales—large investors capable of significantly influencing the market—are making strategic moves that could shape the crypto landscape in 2025.
According to on-chain data and market analysts, whales are accumulating prominent tokens and undervalued altcoins.
Here are the top three cryptocurrencies drawing whale attention this month:
1. Hyperliquid (HYPE)
- Recent Performance: HYPE, the native token of decentralized perpetual exchange Hyperliquid, surged by nearly 600% over the past 90 days.
- Current Opportunity: After a 15% price dip in the last 24 hours, whales have started accumulating HYPE, signaling a potential rebound.
- Notable Transactions: On January 2, one whale purchased 151,277 HYPE, while another acquired $2.76 million worth of the token.
If whale accumulation continues, HYPE’s price could bounce back from recent lows. However, if buying activity subsides, significant gains may be delayed.
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2. Cardano (ADA)
- Recent Performance: ADA has risen by 12.04% in the past 24 hours, trading at $1.04.
- Whale Activity: Addresses holding between 100 million and 1 billion ADA tokens collectively added 20 million tokens in the past four days, increasing their holdings from 3.28 billion to 3.30 billion ADA.
- Market Implications: Historically, such accumulation indicates bullish momentum, with the potential for further price increases through January. However, selling pressure could counter these gains and push ADA below the $1 mark.
3. XRP (XRP)
- Recent Performance: XRP’s price has surged by 350% over the last 90 days, bolstered by consistent whale activity.
- Whale Activity:
- Addresses holding 1 million to 10 million XRP increased their balances from 5.05 billion to 5.13 billion tokens.
- Larger holders (100 million to 1 billion XRP) expanded their holdings from 9.42 billion to 9.72 billion tokens, buying 380 million XRP worth $912 million.
- Market Outlook: This buying pressure suggests XRP could surpass $3 before the end of January, though selling by whales could impact this trajectory.
Key Takeaways
The activity of crypto whales often serves as an indicator of potential market trends. While HYPE, ADA, and XRP are showing strong accumulation signals, investors should remain cautious and monitor shifts in buying patterns.
Disclaimer: This analysis is for informational purposes only and does not constitute financial or investment advice. Always conduct thorough research and consult with financial professionals before making investment decisions.
