Maker (MKR)
Crypto whales have been buying up MKR, the governance token for the Maker Protocol. Recently, there was a net inflow of 5,575 MKR tokens, worth over $7 million. This accumulation indicates that whales are optimistic about MKR, suggesting that its price could rise if buying continues.
Ripple (XRP)
Whales have purchased around 2 billion XRP since the end of October, valued at over $1 billion. Such significant buying by large holders usually leads to price increases, hinting at a possible recovery for XRP after its recent losses.
Pepe (PEPE)
After struggling for a while, PEPE has attracted renewed attention from whales. There has been a noticeable increase in the activity of large holders, indicating their confidence in PEPE’s performance this month.
Cardano (ADA)
Cardano has seen a rise in whale transactions, with large trades increasing by 138% over the past week. This spike in activity has coincided with a price increase of about 14.72%, showing that institutional investors are becoming more confident in Cardano.
Polkadot (DOT)
While specific whale activity isn’t detailed, Polkadot is noted for having a bullish pattern and is gaining interest from larger investors. Analysts believe it may be set for significant growth soon.