Menu

Search

  |   Insights & Views

Menu

  |   Insights & Views

Search

Whale Watch: Altcoins ZRO, IMX, and DOGE See Massive Accumulation

The crypto whales have been aggressively accumulating LayerZero (ZRO), Immutable (IMX), and Dogecoin (DOGE) over the past few weeks, which could be an indicative sign of bullishness as April 2025 approaches. Significant ZRO balances in addresses have increased their bets, which has increased the price by 15% over the last month, with the whale accumulation summing to nearly $30 million.

 

Immutable (IMX) saw net inflow in whales at about 800% and revealed extreme whale buying pressure, which is likely to see its price shoot up to $1 soon. Whales added their holdings in Dogecoin (DOGE) by almost 210 million coins with an approximate value of almost $40 million, reversing some part of DOGE's year-to-date loss.

 

This significant whale activity in these altcoins means good sentiment among leading investors, and that can signal future bullish price trends. Investors should be closely monitoring these trends because more activity from whales has a tendency to flip markets and can provide strategic buying-in opportunities for positions ahead of large-scale market action.

FastComments.com
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.