Crypto Whale’s Favorite Altcoins in the Third Week of April 2025
Although the crypto market moved sideways throughout the past week, major investors, or crypto whales, were actively accumulating certain altcoins.
This move reflects their confidence in the long-term growth potential of these assets.
Cardano (ADA): Significant Accumulation Amid Price Consolidation
According to information cited from BeInCrypto, data from Santiment shows that whale addresses holding between 10 million to 100 million ADA have purchased 190 million ADA over the past seven days, worth approximately US$2.4 billion.
This accumulation occurred while ADA’s price ranged between US$0.59 and US$0.63. If demand continues to rise, ADA could potentially break through the resistance at US$0.63 and head toward US$0.70.
However, if profit-taking occurs, the price could drop to US$0.55.
ApeCoin (APE): Price Boost from Whale Accumulation
ApeCoin gained attention with the accumulation of 11 million tokens by whales holding between 100 million to 1 billion APE.
This activity pushed APE’s price up by around 4% over the past week. If the accumulation trend continues, APE’s price could reach US$0.59.
On the other hand, if demand weakens, the price risks falling to US$0.34.
Toncoin (TON): Surge in Accumulation Suggests Potential Rally
Toncoin recorded a 164% increase in accumulation by whales over the past seven days. If this trend continues, TON’s price could climb to US$3.75. However, if a sell-off occurs, the price might fall to US$2.35.
With the accumulation activity by crypto whales in certain altcoins, retail investors might consider adding these assets to their watchlists.
However, it remains crucial to conduct thorough analysis before making any investment decisions.
