The activity of major investors in the cryptocurrency market has caught the attention of analysts. In recent weeks, significant dynamics have been observed in Ethereum purchases, as well as XRP sales, while the new cryptocurrency MAGACOIN FINANCE attracts attention.
Ethereum: Big Money Is Back
Ethereum has received significant investments: over a three-day period, three massive Bitgo wallets linked to major OTC desks acquired over $300 million worth of ETH. This is not random buying on dips, but coordinated accumulation. One fresh whale purchased 101,000 ETH worth approximately $364 million in the same time frame, showing confidence in more significant movements ahead, especially with the increasing likelihood of an ETH ETF.
XRP: Whales Hit the Brakes
The situation with XRP is different: after spiking to new highs, major holders have begun unloading their assets, selling billions over the past few weeks. While some of this may be related to profit-taking, the consistent selling reduces the chances for further growth. Whales seem content to let XRP catch its breath for now.
Reading the Market: New Trends
Some large ETH and XRP holders are starting to shift their profits into MAGACOIN FINANCE. This cryptocurrency has already gained attention due to its potential and real roadmap. The buying process is moving quickly, and the whales’ interest in MAGACOIN FINANCE indicates its growing appeal in the market.
Whale activity in the market shows that Ethereum remains a favorite, while XRP is in a cooling-off period. Observing the movements of major investors will provide insights into future trends and opportunities in the cryptocurrency market.
