Crypto Whales Are Back: 3 Altcoins to Target After Trump Tariff Pause
After President Donald Trump announced a 90-day tariff pause, the crypto market began showing signs of recovery.
Major investors, known as “crypto whales,” started accumulating several selected altcoins once again. The three altcoins that drew the most attention were Ethereum (ETH), Mantra (OM), and Onyxcoin (XCN).
Ethereum (ETH): Back to Being a Whale Favorite
Based on the information we quoted from the Beincrypto media, Ethereum saw increased activity from whales. The number of addresses holding between 1,000 and 10,000 ETH rose from 5,376 to 5,417 between April 9–10, reaching the highest level since September 2023.
This increase reflects renewed confidence among large investors in ETH.
If this momentum continues, ETH could test the resistance level at US$1,749, with the potential to climb further toward US$1,954 to US$2,104.
However, investors should remain cautious of lingering macroeconomic uncertainties, which could cause ETH to revisit its support zone at US$1,412 or even lower.
Mantra (OM): Riding the Real-World Asset Trend
Mantra (OM) has attracted special attention from whales as interest grows in real-world assets (RWA) on the blockchain.
The total value of RWAs on the blockchain has surpassed US$20 billion, reinforcing a bullish narrative for projects like OM.
Whales have quietly increased their holdings in OM, showing their belief in the asset’s long-term potential.
Although specific data on the number of whale addresses is not yet available, this accumulation trend indicates that OM is one of the altcoins worth watching closely in the near term.
Onyxcoin (XCN): Surge in Activity and Price
Onyxcoin (XCN) saw a sharp spike in whale activity, with its price jumping 50% in just 24 hours.
This surge reflects strong short-term interest from large investors, although a potential correction remains a risk to monitor.
The growing interest in XCN can be linked to positive sentiment in the crypto market following Trump’s tariff pause.
However, investors are advised to remain cautious and consider all associated risks before making any investment decisions.
Conclusion: Whale Strategy as a Market Indicator
The moves made by crypto whales following Trump’s tariff pause announcement provide important insights into the current market sentiment.
Accumulation in ETH, OM, and XCN shows that big players are spotting opportunities amid a recovering market.
For retail investors, following the steps of whales can be a profitable strategy—provided it’s supported by thorough analysis and solid risk management.
Keep a close eye on market developments and global economic news to make well-informed investment decisions.
