In the upcoming May 2025, whales are paying special attention to these three cryptocurrencies: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN)
We examine why these three cryptocurrencies have caught the attention of whales and what to expect from the dynamics of these tokens in the future.
Ethereum (ETH)
The number of Ethereum crypto whales — wallets containing between 1,000 and 10,000 ETH — has been steadily increasing since April 15. There were 5,432 such addresses then. This number has now increased to 5,460 — the highest level since August 2023.
Although the dynamics can be interpreted as confidence in the long-term value of Ethereum, it also raises concerns about centralization and potential selling pressure if whales decide to take profits.
The price of Ethereum has decreased by more than 19% over the past month. If the decline continues, a retest of support at $1,535 is possible. Breaking this level could lead ETH to lower support levels — $1,412 or even $1,385.
If the trend changes to bullish, key resistance levels are at $1,669 and $1,749. With a stronger bullish momentum, movement towards $1,954 is possible.
Artificial Superintelligence Alliance (FET)
The number of large holders of FET — wallets with 10,000 to 1,000,000 tokens — increased from 572 on April 13 to 586 on April 19. This steady growth indicates rising confidence among major players.
Key AI tokens — such as FET, TAO, and RENDER — have risen by more than 9% over the past week. FET has risen by more than 8% in the last 24 hours and by 13.5% over seven days. This may indicate a return of interest in artificial intelligence.
If the current momentum continues, FET may target resistance around $0.659. Breaking this level will open the way for growth — presumably to $0.77 or $0.82.
However, if the rally stops, FET may re-test support at $0.54. A break below this level could lead to a pullback to $0.44.
Onyxcoin (XCN)
Onyxcoin was one of the leaders in growth in January, but its momentum has weakened in recent months. Over the past seven days, the token has lost about 19% in value.
Despite this decline, accumulation continues. The number of large holders increased from 528 on April 16 to 541 today. This indicates that some whales are buying cryptocurrency at the dip.
If the correction deepens, XCN may lose support at $0.0165. Losing this level could lead to further declines to $0.0139 and $0.0123.
On the other hand, if the trend goes up, the token will reach resistance at $0.020. Breaking this barrier will open the path to $0.027.
