Crypto "whales" are making bold moves after Donald Trump temporarily suspended tariffs for 90 days, with Ethereum (ETH), Mantra (OM), and Onyxcoin (XCN) attracting significant accumulation.
ETH whales have pushed their holdings to the highest level since September 2023, while OM holders are quietly increasing their exposure amid growing attention to real-world assets. Meanwhile, XCN is witnessing a strong increase in "whale" activity along with a 50% price surge in just 24 hours.
Ethereum (ETH)
The broader cryptocurrency market surged strongly after Donald Trump announced a 90-day tariff suspension—excluding China—boosting investor sentiment towards risky assets.
Ethereum followed the trend, with on-chain data showing increased cryptocurrency "whale" activity; the number of addresses holding 1,000 to 10,000 ETH increased from 5,376 to 5,417 from 04/09 to 04/10, reaching its highest level since September 2023.
Number of addresses holding 1,000 to 10,000 ETH. Source: Santiment.If Ethereum can maintain this new momentum, it could test important resistance levels at $1,749 and potentially increase towards $1,954 and $2,104. However, macroeconomic uncertainty still persists.
A sentiment reversal could cause Ethereum's price to retest the support zone at $1,412. If this level fails, a deeper decline towards $1,200—or even $1,000—is possible.
Some analysts have compared Ethereum's decline to Nokia's historic collapse, warning about long-term structural weakness.
Mantra (OM)
Real-world assets (RWAs) on blockchain have reached a new all-time high, surpassing $20 billion in total value, consolidating their growing importance as a narrative and sector in cryptocurrency.
Binance research also emphasizes that RWA tokens have shown better resilience compared to Bitcoin during tariff-related volatility, further strengthening confidence in this sector.
Number of addresses holding 10,000 to 100,000 OM. Source: Santiment.With the RWA narrative gaining attention, OM could see significant growth. From 04/06 to 04/10, the number of OM "whale" addresses holding 10,000 to 100,000 tokens increased from 386 to 389, indicating quiet accumulation.
If OM breaks through resistance levels at $6.51 and $6.85, it could climb above $7. However, if momentum decreases, a correction could push the token down to $6.11, with a risk of further decline to $5.68.
Onyxcoin (XCN)
Onyxcoin (XCN) has increased by over 50% in the past 24 hours, surpassing the $0.02 mark as "whale" accumulation increases.
From 04/07 to 04/10, the number of addresses holding 1 million to 10 million XCN increased from 503 to 532, showing new interest from large investors.
Number of addresses holding 1,000,000 to 10,000,000 XCN. Source: Santiment.If this strong momentum continues, XCN could rise to resistance levels at $0.026, $0.033, and even $0.040. However, due to the rapid price increase in a short time, a correction may occur.
In that case, XCN could retest support at $0.020, with the potential to decline further to $0.014 if selling pressure increases.
