Crypto whales accumulate as bear market nears late stage: CryptoQuant

CoinTelegraph·

Crypto whales accumulate as bear market nears late stage: CryptoQuant

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Crypto whales are accumulating Bitcoin, Ethereum, and XRP as the bear market nears its late stage, according to CryptoQuant. Large holders are absorbing supply, increasing their balances during market weakness, potentially signaling a bottom. This trend suggests whales are positioning themselves for a potential market rebound, which could have a significant impact on the crypto market's recovery trajectory.

Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom.