[Cryptocurrency Whale Buying of the Week] OP, DOGE, WLD

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In recent days, crypto whales have been buying Optimism (OP), Dogecoin (DOGE), and Worldcoin (WLD). Despite a 73% decline over the past year, OP has seen an increase in large holders. The DOGE whale wallets recorded their highest level in two weeks, showing signs of recovery for the meme coin.

WLD also attracted accumulation after a 19% decline over 30 days, with whales adding positions over the past 4 days. These on-chain behavioral changes suggest that some large investors may be preparing for a potential rebound across these assets.

Optimism (OP)

Despite Optimism experiencing a long-term decline and falling nearly 73% over the past year, on-chain data shows subtle but notable changes. Over the past 5 days, the number of wallets holding over 10,000 OP increased from 4,303 to 4,313.

This increase suggests that some large investors are accumulating OP at lower prices and potentially positioning themselves for a long-term reversal.

While OP has remained below $2 in this cycle and gone unnoticed, this quiet accumulation may indicate growing confidence among more experienced holders.

OP Whales.
OP Whales. Source: Cryptocurrency online data platform Santiment.

If this accumulation leads to new upward momentum, OP may attempt to recover key resistance levels. The first start is at $0.93.

A successful breakthrough could lead to a rise to $1.06, and with accelerating buying pressure, $1.20 could be a reasonable upward target.

Conversely, if selling pressure dominates and no significant momentum change occurs, OP may continue its decline with $0.74 acting as a major support level. Falling below that could push the price below $0.70, reinforcing the downtrend and making investors cautious.

Dogecoin (DOGE)

Dogecoin, the largest meme coin by market capitalization, is receiving renewed interest from large holders. On-chain data indicates that crypto whales bought DOGE over the past week.

Specifically, the number of wallets holding between 10 million and 100 million DOGE increased from 740 to 747, reaching its highest level in two weeks.

This suggests that large investors may be positioning themselves ahead of a potential meme coin market rebound. DOGE has historically responded strongly to high interest in meme coins, and this increase in whale activity could be an early signal.

DOGE Whales.
DOGE Whales. Source: Cryptocurrency online data platform Santiment.

If momentum builds and meme coins achieve a broad recovery, DOGE could be one of the biggest beneficiaries. A breakthrough could test the $0.19 resistance, and if that level is breached, additional rises to $0.22 and $0.24 could follow.

However, if market correction intensifies, DOGE may retest the $0.16 support. Increased selling pressure could cause it to fall to $0.143.

For now, whale accumulation provides promising signals, but price direction will depend on whether broader meme coin momentum returns.

Worldcoin (WLD)

Worldcoin, once one of the most highly anticipated AI-related cryptocurrencies, has struggled to maintain momentum in recent months, with its price falling nearly 19% over the past 30 days.

Despite this decline, recent on-chain data shows crypto whales have begun accumulating WLD again. Over the past 4 days, the number of wallets holding between 10,000 and 1 million WLD increased from 1,123 to 1,138.

This accumulation may indicate growing confidence that WLD is approaching its bottom.

WLD Whales.
WLD Whales. Source: Cryptocurrency online data platform Santiment.

If buying momentum continues to build, WLD may attempt a short-term recovery. The first major resistance level is $0.91.

A breakthrough above that could trigger a strong rally to $1.25, potentially helping Worldcoin recover some of its lost status.

However, if the downtrend remains dominant, WLD may retest the $0.80 support, and falling below that level could see it drop to $0.69.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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