Ethereum is once again attracting investor attention due to whale activity, which has moved over half a billion dollars into ETH in recent days. This optimism raises questions about future market trends.
Ethereum Whales Actively Accumulate ETH
Major Ethereum holders, known as whales, are increasing their reserves. In the past week, several large wallets acquired significantly large amounts of ETH, with one receiving 24,294 ETH ($86.5 million) and another scooping 15,627 ETH ($55.6 million). These transactions were facilitated through OTC deals involving FalconX and Galaxy Digital, indicating institutional interest.
DOGE and XRP Follow Institutional Trends
Dogecoin, often viewed as a meme, continues to surprise analysts. Despite trading within the $0.18–$0.25 range, holders of over 1 million DOGE have been actively stacking for weeks. Meanwhile, XRP is gaining traction with its own success, with whales accumulating over 464 billion XRP since June, indicating long-term growth belief.
Institutional Funds Flow Into New Altcoins
As interest in Ethereum rises and meme coins like DOGE and SHIB slow down, attention is starting to shift to new projects. Many new wallets are quietly stacking MAGACOIN FINANCE tokens, with predictions from analysts indicating as much as 33x growth potential.
The whale activity and institutional interest suggest a possible rise in major altcoins, including Ethereum, Dogecoin, and XRP. However, investors are likely to focus on more targeted and promising altcoins in the upcoming changes.
