CryptoQuant data shows a significant increase in large whale spot orders, indicating that big players are actively accumulating at current levels.

From a technical perspective, the asset is trading near the bottom of its long-term monthly channel, a zone that has historically offered strong risk-to-reward opportunities.

📈 Key Takeaway:

Whales are accumulating on spot.

Price is at a major long-term support zone.

This could be an attractive area for long-term investors to start building positions.

Always manage your risk and do your own research before investing.

Written by Abdullah Zia