Whales Snap Up BTC, ETH, and XRP as Market Decline Nears End
Crypto whales are quietly accumulating Bitcoin (BTC), Ethereum (ETH), and XRP despite weak market conditions, suggesting that the worst of the current decline may be nearing its end.
According to new research from CryptoQuant, large investors are adding more coins while prices remain close to or below their average buying price, reducing selling pressure and growing confidence in a long-term recovery.
Whale activity in XRP is particularly notable, with sizable buy orders being placed despite the token's current market capitalization of roughly $66 billion. The 90-day Taker Cumulative Volume Delta (CVD) has moved into neutral territory, indicating relatively balanced buying and selling activity.