Crypto Whales Bought These Altcoins in the First Week of March 2025

This article is machine translated
Show original

This week has witnessed significant volatility. Many cryptocurrencies have dropped sharply to their lowest levels in months due to market uncertainties caused by Donald Trump's trade wars.

Although the market is declining, and with rising expectations for the White House Crypto Summit, crypto whales have been actively accumulating certain altcoins.

Aave (AAVE)

This week, crypto whales have paid more attention to the DeFi token AAVE. The increase in supply due to whale addresses holding from 10,000 to 100,000 tokens confirms this.

AAVE Supply DistributionAAVE Supply Distribution. Source: Santiment

According to Santiment, this investor group has bought 50,000 AAVE tokens in the past seven days, pushing the total held to an ATH of 3.98 million tokens.

The increased activity of these whales has contributed to the rise of AAVE despite the market difficulties this week. Trading at $207.61 at the time of writing, the value of this altcoin has increased 14% in the past seven days.

Ondo (ONDO)

Real-world asset token ONDO is another altcoin that crypto whales have bought this week. Data from IntoTheBlock shows a staggering 10,263% surge in the net flow of large investors during that period.

ONDO Large Holders NetflowONDO Large Holders Netflow. Source: IntoTheBlock

Large investors are those who hold at least 0.1% of the circulating supply of an asset. Their net flow represents the difference between the amount of coins they buy and sell over a certain period.

When the net flow surges, it means whale addresses are accumulating more tokens, a trend that suggests optimistic sentiment. This could trigger FOMO among ONDO's retail traders, driving up demand and putting upward pressure on its price.

XRP

During the week under review, whales have also increased their XRP holdings. Data from Santiment has shown a spike in the number of tokens in the wallets of large whales holding from 100 million to 1 billion XRP.

XRP Supply DistributionXRP Supply Distribution. Source: Santiment

In the past week, this investor group has accumulated 320 million tokens, worth $816 million at the current market price. At the time of writing, XRP is trading at $2.54.

If this whale accumulation continues, the token could surge past $3 and attempt to reclaim its ATH of $3.40.

Source
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.
Like
Add to Favorites
Comments
Followin logo