The crypto market has largely consolidated over the past week, as bulls attempt to regain control.

With the market still significantly volatile, crypto whales have accumulated select altcoins, potentially positioning themselves for an eventual market rebound.

This week, Layer-1 (L1) coin ADA caught whales’ attention. Santiment’s data shows an uptick in the number of coins acquired by whale addresses holding between 10 million and 100 million ADA. 

According to the on-chain data provider, in the past seven days, this group of ADA whales has bought 190 million coins valued at approximately $2.40 billion at current market prices. 

This surge in whale accumulation has occurred even as ADA oscillates within the $0.59 —$0.63 price range. When whales increase their accumulation during a period of price consolidation, it suggests confidence in the asset’s long-term value despite short-term uncertainty. 

This behavior signals potential bullish momentum ahead, as large holders anticipate a breakout. If demand strengthens, ADA could breach the $0.63 resistance and climb to $0.70. 

However, if profit-taking resumes, ADA could extend its decline and fall to $0.55. 

Metaverse-based altcoin APE is another asset that has received significant attention from crypto whales this week. This has triggered a modest 4% uptick in its price over the past seven days.

According to Santiment, large whale addresses holding between 100 million and 1 billion APE have accumulated 11 million tokens during the week in review. 

This cohort of APE investors currently holds 175 million tokens, which are valued at approximately $75.25 million at current market prices. This represents their highest wallet holdings since December 2024.

APE could continue its steady rally if whale demand soars. If the trend persists, the token could exchange hands at $0.59.

Conversely, if demand dips, its price could fall to $0.0.34. 

Telegram-linked Toncoin is atop crypto whales’ list this week. This is highlighted by its large holders’ netflow, which has rocketed 164% in the past seven days.

TON large holders are whale addresses that hold more than 0.1% of its circulating supply. Their netflow tracks the difference between the amount of tokens that they sell and buy over a period of time.

When an asset’s large holders’ netflow climbs like this, it signals a surge in whale accumulation, a trend that could prompt retail traders to boost their demand, potentially driving the asset’s value higher in the near term.

If TON whales increase their accumulation, its price could rally to $3.75.

On the other hand, if selloffs continue, TON could fall to $2.35.

The post Crypto Whales Bought These Altcoins in the Third Week of April 2025 appeared first on BeInCrypto.

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