Crypto Whales Bought These Altcoins in the Third Week of April 2025

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The cryptocurrency market has largely moved sideways over the past week, with the Bull side attempting to regain control.

With the market still highly volatile, crypto whales have accumulated certain altcoins, potentially preparing for a future market recovery.

Cardano (ADA)

This week, the Layer-1 (L1) coin ADA attracted whale attention. Data from Santiment shows an increase in the number of coins purchased by whale addresses holding between 10 million to 100 million ADA.

Cardano whale activityCardano whale activity. Source: Santiment

According to the on-chain data provider, over the past seven days, this ADA whale group purchased 190 million coins worth approximately $2.40 billion at current market prices.

This whale accumulation occurred even as ADA fluctuated between $0.59 — $0.63. When whales increase accumulation during a price consolidation period, it indicates confidence in the long-term asset value despite short-term uncertainty.

This behavior signals potential future price increases, as large investors anticipate a breakout. If demand increases strongly, ADA could potentially break the $0.63 resistance and climb to $0.70.

However, if profit-taking continues, ADA might extend its decline and fall to $0.55.

ApeCoin (APE)

The Metaverse-based altcoin APE is another asset that received significant attention from crypto whales this week. This triggered a modest 4% price increase over the past seven days.

According to Santiment, large whale addresses holding between 100 million to 1 billion APE accumulated 11 million tokens in the past week.

APE whale activity.APE whale activity. Source: Santiment

This group of APE investors currently holds 175 million tokens, valued at approximately $75.25 million at current market prices. This is their highest wallet holding since December 2024.

APE could continue its steady increase if whale demand remains high. If this trend continues, the token might trade at $0.59.

Conversely, if demand decreases, its price could fall to $0.34.

Toncoin (TON)

Toncoin associated with Telegram tops the list of crypto whales this week. This is highlighted by the net capital flow of large investors, which surged 164% over the past seven days.

TON's large investors are whale addresses holding over 0.1% of its circulating supply. Their net capital flow tracks the difference between the number of tokens they sell and buy over a period.

When large investors' net capital flow increases like this, it signals increased whale accumulation, a trend that could encourage smaller retail investors to boost their demand, potentially driving the asset's value higher in the short term.

If TON whales intensify accumulation, its price could rise to $3.75.

TON large investors' net capital flowTON large investors' net capital flow. Source: IntoTheBlock

On the other hand, if selling continues, TON could drop to $2.35.

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.
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