In the past month, Bitcoin has fluctuated between $80,000 and $90,000, while altcoins have generally retraced by 15%-40%, which has precisely become an opportunity for whales to quietly accumulate. On-chain data shows that whales are discreetly building positions across multiple sectors, with some cryptocurrencies reaching their highest accumulation levels since 2025:
1. Payment/Cross-border settlement: XRP is the most favored
Whales have net increased their holdings by over 1.1 billion XRP in the past 30 days, worth about $2.4 billion. The XRP balance on exchanges has dropped to a new low since 2023.
2. Established public chains: ADA is being accumulated against the trend
Starting in late November, two large whale groups have been rotating their positions, cumulatively buying about 280 million ADA. If the price breaks through $0.43, it is expected to look towards $0.52.
3.DeFi Blue Chips: UNI and AAVE are simultaneously accumulating
UNI whales increased their holdings by about 800,000 coins in a week, while exchange supply continues to decline. AAVE whales' holdings reached 3.98 million coins, setting a new historical high. Both TVL and protocol income have steadily rebounded.
4.Meme Coins: 'Picking up bargains' during corrections
FARTCOIN, PIPPIN, PEPE and others have seen single-day whale purchases in the tens of millions of dollars. After liquidity tightens, a rapid rise may occur.
5.AI and Data Track: ENA and TIA are under focus
The top 100 ENA addresses increased their holdings by over 50 million coins within 7 days. TIA exchange supply decreased by 5%, and both staking rate and TVL hit new highs.
6.Storage Sector: FIL and ICP are active on-chain
FIL whales have increased their holdings by approximately $50 million over 30 days, with exchange inventory down 15%. The number of active ICP addresses increased by 30%, and whales transferred out more than 50,000 coins.
Summary of whale logic:
Buying more as prices fall, not focusing on short-term fluctuations;
Preference for tracks with actual income or policy certainty;
Meme coins as high-volatility allocations;
Long-term layout in trends like AI, modularization, and storage.
Risk warning: Whale purchases do not necessarily mean immediate price increases and may lead to subsequent selling pressure. Please make rational judgments, conduct research, and control position risks.#加密市场观察
