As the calendar flips to a new year, crypto whales are back in action, making waves and accumulating digital assets with strategic precision. These influential market players are known for their ability to shape crypto trends, and their latest acquisitions are setting the tone for 2025.
Hyperliquid (HYPE): Riding the Whale Wave
Hyperliquid (HYPE), the native token of a decentralized perpetual exchange, tops the list of whale favorites. Despite a recent 15% dip—which may have rattled some traders—whales seized the opportunity to "buy the dip." Over the past 90 days, HYPE has surged nearly 600%, cementing its status as one of the top-performing altcoins.
👉 Why whales are betting big on Hyperliquid
Notable whale activity includes:
- A single purchase of 151,277 HYPE on January 2.
- A whale acquiring $2.76 million worth of HYPE.
Continued accumulation could drive a price rebound, but a slowdown in buying pressure might delay recovery.
Cardano (ADA): The Whale's Choice
Cardano (ADA) has seen a 12.04% surge in the last 24 hours, trading at **$1.04**. Whales have quietly accumulated **20 million ADA tokens** over four days—a historically bullish signal. If buying momentum persists, ADA could climb higher before January ends. However, increased selling pressure might push it below the $1 threshold.
👉 Is Cardano the next big whale play?
XRP: The Whale Darling
XRP remains a whale favorite, with holdings growing steadily among key addresses:
- 1 million to 10 million XRP: Increased holdings.
- 100 million to 1 billion XRP: Significant accumulation.
Over 90 days, XRP’s price has soared 350%, fueled by whale demand. Sustained buying pressure could push XRP past $3 this month—though a sudden sell-off could derail this momentum.
FAQ: Whale Activity and Crypto Trends
Q1: Why do crypto whales influence market trends?
A: Whales control large volumes of assets, enabling them to impact liquidity and price movements through strategic buying/selling.
Q2: How can retail traders identify whale activity?
A: Track on-chain data (e.g., Santiment, Spot On Chain) for large transactions and address concentration changes.
Q3: Is whale accumulation always a bullish signal?
A: Not necessarily. While accumulation often precedes price increases, whales can also dump holdings, causing volatility.
Key Takeaways
- Hyperliquid (HYPE): Whales capitalize on dips despite recent volatility.
- Cardano (ADA): Accumulation suggests potential upside, but monitor sell pressure.
- XRP: Whale demand drives price surges, but sustainability depends on continued buying.
Stay informed, but always conduct independent research before investing.
Disclaimer: This content is for informational purposes only and not investment advice. Cryptocurrency markets are highly volatile; consult a qualified professional before making financial decisions.