Whales Start Accumulating as Crypto Bear Market Nears End

CryptoQuant's research suggests that whales are accumulating coins in major assets like Bitcoin, Ethereum, and XRP.

The largest cohorts of these tokens are adding supply as prices sit near or below their average purchase cost, according to Julio Moreno, the company's head of research.

This positioning is consistent with the final phase of the cycle's decline, which could indicate that we're nearing the end of the crypto bear market.

XRP specifically has seen spot order sizes remain in 'big whale' territory despite its $1.00, $1.20 price band and $66 billion market capitalization.

The 90-day taker cumulative volume delta has drifted to neutral, indicating a calm accumulation phase where investors are holding steady rather than fleeing.